Remove CFPB Remove Cost Structure Remove Deposit Account
article thumbnail

US Inches Toward Open Banking With CFPB Notice

PYMNTS

The solution, which secured about 20,000 SMBs to pilot the technology in the last year, provides deposit account and payment solutions that aim to compete with traditional banks that, as CEO and Co-founder Eyal Lifshitz described, "nickel-and-dime" businesses. Its APIs also support account verification and payment capabilities.

CFPB 81