President Biden executive order gives customers more control of financial data

https://bankautomationnews.com/allposts/comp-reg/president-biden-executive-order-gives-customers-more-control-of-financial-data/
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President Joe Biden will sign a sweeping executive order today designed to promote competition in the U.S. While the order primarily targets Big Tech and health care, it also calls for changes in banking and other large economic sectors. Biden’s executive order calls for banks to allow customers to take financial transaction data with them to a competitor, a move that will “make it easier and […]

https://bankautomationnews.com/allposts/comp-reg/president-biden-executive-order-gives-customers-more-control-of-financial-data/