This year’s Money20/20 agenda = stacked. 💥 Industry leaders from across FTA member companies will take the stage to share their perspectives on innovation, inclusion, and the policies shaping the future of finance. See you in Vegas next week! 👀

It’s rare that we write a story based off a single trade comment letter. But this coalition really is a who’s who of groups that aren’t banks but care about bank stuff (in a very specific way banks do not like)

Thanks for joining today - if consumers are going to lead their best financial lives, we need to protect open banking!

Important for everyone to understand 👇 👇👇 Your money. Your data. Your choice. Big banks want to shut that down. Good thing President Trump has the power to override them by strengthening the 1033 rule. Open banking is a necessity for entrepreneurs to thrive and to keep

As a consumer, I am really thankful for the CEOs who signed this letter. The Trump Administration has the opportunity to make sure America keeps looking forward on financial technology, instead of letting a handful of oligopolistic banks drag us into the past.

Banks should not be able to trap your funds and data with them and make it difficult for you to access your data or move your capital to wherever you see fit. That is your human right and foundational to the proper functioning of the system of capitalism that our country was

.@tyler and @cameron signed their names to this letter urging @POTUS to support open banking and oppose anticompetitive fees on consumer data access. Account access and data belong to the customer.

Chase is implementing grabby fees to prevent customers from sharing their own account data with other apps. We (and 80 other companies listed below) think that's bad.

We are proud to sign this letter to help support innovation and competition in consumer finance. Together, we can build a better financial system for all Americans.

Why I Signed the Letter Against Data Access Fees A few weeks ago I wrote about JPMorgan’s attempt to charge fintechs for customer data access. I said then that once data becomes a revenue stream, the goal is to fragment it, lock it in, and sell it at margin.

Bits about Money is back with an explanation of Open Banking, which has recently come under legal fire from banking trade associations and one large bank in particular. https://t.co/8Bjj1loDZ6

1/ Today, we sent a letter from over 80 CEOs across industries urging @POTUS to support open banking and oppose anticompetitive fees on consumer data access set to take effect next month. #OpenBanking #FinancialFreedom

On this day 75 years ago, Babe Didrikson Zaharias won the Titleholders Championship This was the first major of the LPGA era and the first of Babe's eight wins in 1950 #LPGA75 MORE ⬇️

What a week for Team USA! Congrats on winning back the @TheSolheimCup! Was an honor to be your host! 🇺🇸

Always Remember, Never Forget. Today, we honor and commemorate those who lost their lives during the tragic events of 9/11 in 2001. 🇺🇸

On the first tee today @SolheimCupUSA spoke with jr golfers in Germany whose parents are serving in the military. Thank you @The_USO for your support!

President @BarackObama surprised the @SolheimCupUSA team at dinner to wish them good luck at @TheSolheimCup this week! 🇺🇸👏

Dominating win by American team at the #JrSolheimCup! Congrats - future looks bright!

Everyone watches women’s sports! Amazing wall-to-wall coverage of the 2024 @TheSolheimCup on @GolfChannel, NBC and Peacock starting Friday, Sept 13 at 7am!

Putting in the work 🧱🧱