The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be a setback for open banking. ... Read full article
The largest U.S. bank will share data through application programming interfaces with a sometimes-controversial data aggregator. ... Read full article
FinApps has filed a lawsuit that claims the data aggregator swiped its proprietary credit risk software while the two did business together. ... Read full article
The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans. ... Read full article
The data aggregator has purchased Abe AI and plans to use the artificial intelligence firm's technology in a host of applications. ... Read full article
Envestnet|Yodlee wants accessing data to be as simple as selecting a song to play, while bringing institutional analytic power to the bank branch level. ... Read full article
Panelists: Hollie Fagan, Managing Director, BlackRock; Estee Jimerson, Managing Director – Head of Asset Manager Distribution & Engagement, Envestnet; Kunal Kapoor, CFA, Chief Executive Officer, Morningstar; Natalie Wolfsen, EVP and Chief Solutions ... Read full article
Envestnet sees asset management as poised for major changes as broker-dealers move to fee-based business. ... Read full article
Envestnet's aggregator rolls out PFM features meant to appeal to younger clients — and links to Alexa. ... Read full article
The technology platform powerhouse is betting on integration, but competitors eye disruption. ... Read full article
The self-regulatory body says working with data aggregators increases risk of cyber fraud, unauthorized transactions and identity theft. But aggregators say other links in the information chain are more vulnerable. ... Read full article
The Consumer Financial Data Rights group, representing aggregators and fintechs, says banks still aren’t forking over enough customer data. The group is meeting with bank regulators and trying to get consumers to petition regulators on its behalf. ... Read full article
Access to banking information ensures advisers can perform holistic planning, fintech firms say. ... Read full article
Personal financial management tools have long relied on financial data aggregation. Now, aggregators are hoping traditional lenders will take a cue from alternative lenders and use the technology to quicken their underwriting decisions. ... Read full article
