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#openfinance

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🚀 Collaboration Fuels Innovation in Finance!

The Digital Financial Services Grant offers up to $250K to support developers, entrepreneurs, and organizations building open, accessible financial solutions.

✔️ Develop open financial tools
✔️ Create seamless, interoperable payments
✔️ Join a global network of innovators

🌍 The future of finance is open—be part of it!

📢 Live Q&A: Monday, March 24 @ 10 AM (ET)
🔗 Register: eventbrite.com/e/grant-info-se

The US Consumer Financial Protection Bureau proposed an #OpenFinance 💸 rule to empower consumers which:

- Requires financial institutions to share customer transaction & account data 💳 with authorized third parties when requested
- Establishes privacy protections 🔒 & limits on external data use
- Gives consumers more control 🗝 over their financial information & ability to leverage it 🤝
- Makes it easier for consumers to switch accounts 💱
- Prohibits *junk fees* 🚫💰 for data access