In an era where data is the new oil, the battle over personal financial data rights is intensifying, with the stakes higher than ever. The recent pushback from major banking associations against the Consumer Financial Protection Bureau’s (CFPB) proposed rulemaking on personal financial data rights underscores a pivotal struggle for control in the digital age. This clash is not just about compliance timelines or technological updates; it’s about who wields power over the vast seas of personal data and how that power will shape the future of privacy, innovation, and trust.
Empowering Consumers or Overwhelming Them?
The CFPB’s proposal aims to implement Section 1033 of the Dodd-Frank Act, which mandates that consumers have the right to access and share their financial data. At first glance, this seems a noble endeavor to empower consumers, promote transparency, and spur innovation in financial services. However, the reactions from the Bank Policy Institute, The Clearing House Association, the Consumer Bankers Association, and the American Bankers Association reveal deeper concerns.
These organizations argue that the proposed compliance timelines are unrealistic, given the extensive changes required. They highlight that even sophisticated data providers will need at least two years to update public-facing websites, generate performance metrics, and ensure data is provided in standardized formats. The underlying concern is that rushed implementation could lead to disruptions in customer service and increased risks to data security.
The Technological Gauntlet
The proposed rule’s requirements necessitate a significant overhaul of existing technological infrastructures. Banks will need to upgrade their systems to meet API performance standards, develop new functionalities for machine-readable files, and manage new maximum access duration requirements. This is not merely a technical challenge but a fundamental transformation of how financial data is handled and shared.
For instance, enabling support for required data elements not currently shared, such as bill payment data or specific terms and conditions, will demand new processes and controls. Additionally, banks must build and operationalize processes to notify third parties of developer interface denials and consumer access revocations. These changes will require substantial investment in technology, training, and ongoing maintenance to ensure compliance and security.
Collaboration and Standard-Setting
One of the most significant hurdles is the establishment of a recognized standard-setting body. The CFPB has laid out a detailed process for recognizing such bodies, which includes amending governance processes, filing complete applications, and undergoing a rigorous review process. This procedure, designed to ensure that standards are comprehensive and inclusive, will inevitably be time-consuming.
The associations argue that the entire process—from a standard-setting body becoming recognized to the issuance and implementation of industry standards—could take several months, if not years. This timeline is critical because financial institutions must align their systems and processes with these standards to avoid having to rebuild functionalities multiple times. The risk of premature implementation is clear: it could lead to substantial disruptions in customer connections and increased operational costs.
Consumer Impact and Market Dynamics
At the heart of this debate is the consumer. While the intent of the CFPB’s rule is to give consumers greater control over their financial data, the unintended consequences could be counterproductive. A rushed or poorly managed implementation could result in service disruptions, confusion, and potential breaches of sensitive information. Consumers could find themselves caught in a web of new regulations, without the clarity or support needed to navigate this complex landscape.
Moreover, the dynamics of the market could shift dramatically. Fintech companies, which often rely on access to bank data to provide innovative services, might face new barriers and uncertainties. The banks’ need to comply with new standards and timelines could slow down the pace of innovation, affecting the availability and quality of financial services offered to consumers.
A Call for Realistic Timelines and Collaboration
The banking associations are not opposing the spirit of the CFPB’s proposal but are calling for more realistic timelines and collaborative efforts to ensure a smooth transition. They recommend extending the compliance period for the largest financial institutions to at least two years after the final rule’s issuance and phasing in subsequent deadlines over several years. This phased approach would allow for thorough testing, adjustment, and refinement of systems and processes, minimizing risks to consumers and the financial ecosystem.
In addition to longer timelines, the associations emphasize the need for ongoing dialogue between the CFPB and the industry. Regular interactions would help address questions, clarify ambiguities, and facilitate a better understanding of the practical challenges involved. This collaborative effort is essential to ensure that the new regulations achieve their intended goals without causing unintended harm.
Conclusion: Shaping the Future of Data Rights
The battle over personal financial data rights is more than a regulatory challenge; it’s a defining moment in the digital age. How we handle this transition will shape the future of data privacy, innovation, and trust in the financial sector. By balancing the need for consumer empowerment with realistic implementation timelines and collaborative efforts, we can create a framework that benefits everyone. The stakes are high, and the path forward requires careful consideration, cooperation, and a commitment to protecting the interests of consumers and the integrity of the financial system.
In an era where data is the new oil, the battle over personal financial data rights is intensifying, with the stakes higher than ever. The recent pushback from major banking associations against the Consumer Financial Protection Bureau’s (CFPB) proposed rulemaking on personal financial data rights underscores a pivotal struggle for control in the digital age. This clash is not just about compliance timelines or technological updates; it’s about who wields power over the vast seas of personal data and how that power will shape the future of privacy, innovation, and trust.
Empowering Consumers or Overwhelming Them?
The CFPB’s proposal aims to implement Section 1033 of the Dodd-Frank Act, which mandates that consumers have the right to access and share their financial data. At first glance, this seems a noble endeavor to empower consumers, promote transparency, and spur innovation in financial services. However, the reactions from the Bank Policy Institute, The Clearing House Association, the Consumer Bankers Association, and the American Bankers Association reveal deeper concerns.
These organizations argue that the proposed compliance timelines are unrealistic, given the extensive changes required. They highlight that even sophisticated data providers will need at least two years to update public-facing websites, generate performance metrics, and ensure data is provided in standardized formats. The underlying concern is that rushed implementation could lead to disruptions in customer service and increased risks to data security.
The Technological Gauntlet
The proposed rule’s requirements necessitate a significant overhaul of existing technological infrastructures. Banks will need to upgrade their systems to meet API performance standards, develop new functionalities for machine-readable files, and manage new maximum access duration requirements. This is not merely a technical challenge but a fundamental transformation of how financial data is handled and shared.
For instance, enabling support for required data elements not currently shared, such as bill payment data or specific terms and conditions, will demand new processes and controls. Additionally, banks must build and operationalize processes to notify third parties of developer interface denials and consumer access revocations. These changes will require substantial investment in technology, training, and ongoing maintenance to ensure compliance and security.
Collaboration and Standard-Setting
One of the most significant hurdles is the establishment of a recognized standard-setting body. The CFPB has laid out a detailed process for recognizing such bodies, which includes amending governance processes, filing complete applications, and undergoing a rigorous review process. This procedure, designed to ensure that standards are comprehensive and inclusive, will inevitably be time-consuming.
The associations argue that the entire process—from a standard-setting body becoming recognized to the issuance and implementation of industry standards—could take several months, if not years. This timeline is critical because financial institutions must align their systems and processes with these standards to avoid having to rebuild functionalities multiple times. The risk of premature implementation is clear: it could lead to substantial disruptions in customer connections and increased operational costs.
Consumer Impact and Market Dynamics
At the heart of this debate is the consumer. While the intent of the CFPB’s rule is to give consumers greater control over their financial data, the unintended consequences could be counterproductive. A rushed or poorly managed implementation could result in service disruptions, confusion, and potential breaches of sensitive information. Consumers could find themselves caught in a web of new regulations, without the clarity or support needed to navigate this complex landscape.
Moreover, the dynamics of the market could shift dramatically. Fintech companies, which often rely on access to bank data to provide innovative services, might face new barriers and uncertainties. The banks’ need to comply with new standards and timelines could slow down the pace of innovation, affecting the availability and quality of financial services offered to consumers.
A Call for Realistic Timelines and Collaboration
The banking associations are not opposing the spirit of the CFPB’s proposal but are calling for more realistic timelines and collaborative efforts to ensure a smooth transition. They recommend extending the compliance period for the largest financial institutions to at least two years after the final rule’s issuance and phasing in subsequent deadlines over several years. This phased approach would allow for thorough testing, adjustment, and refinement of systems and processes, minimizing risks to consumers and the financial ecosystem.
In addition to longer timelines, the associations emphasize the need for ongoing dialogue between the CFPB and the industry. Regular interactions would help address questions, clarify ambiguities, and facilitate a better understanding of the practical challenges involved. This collaborative effort is essential to ensure that the new regulations achieve their intended goals without causing unintended harm.
Conclusion: Shaping the Future of Data Rights
The battle over personal financial data rights is more than a regulatory challenge; it’s a defining moment in the digital age. How we handle this transition will shape the future of data privacy, innovation, and trust in the financial sector. By balancing the need for consumer empowerment with realistic implementation timelines and collaborative efforts, we can create a framework that benefits everyone. The stakes are high, and the path forward requires careful consideration, cooperation, and a commitment to protecting the interests of consumers and the integrity of the financial system.
- 828 Articles
- 17 Followers
- 828 Articles
- 17 Followers
Keep Reading
More from the Author
-
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
Alipay+ Expands Global Reach Amidst UEFA EURO 2024 Surge
-
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
ACI Worldwide and Worldpay: Strengthening the Backbone of Global Payments
-
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
U.S. Bank’s Automated Platform: A Game-Changer for Supplier Accounts Receivable
-
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
What Drives Financial Anxiety?
-
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
FTC’s Scrutiny on Surveillance Pricing: A Step Towards Consumer Protection
-
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
UPI One World: India’s Digital Payments Gateway Welcomes the World
FinTech
-
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
eToro to Add 1,000+ UK Stocks in LSE Partnership
-
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
-
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
-
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
-
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
84% of Portuguese Do Not Invest at All, and This European Fintech Wants to Change That
-
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
-
-
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
Breaking: Revolut Receives The UK Banking License after 3 Years of Efforts
-
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
Fiserv Reports Strong Q2 Results, Earnings Jump 39%
-
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Fireblocks Joins Forces with Mesh to Optimize Digital Payments
Featured Videos
Sherwan Zeybo | FXGT | Executive Interviews
Sherwan Zeybo | FXGT | Executive Interviews
Sherwan Zeybo | FXGT | Executive Interviews
Sherwan Zeybo | FXGT | Executive Interviews
In this video, Sherwan Zeybo, Head of Business Development at @fxgtofficial , discusses the growth and development of the CFD broker since its inception in 2019. Starting with a small team, FXGT has expanded to over 280 employees and obtained multiple licenses across various jurisdictions. Sher highlights the broker’s commitment to providing security, transparency, and a comprehensive trading environment for clients. Sherwan also mentions upcoming developments, including a new trading app and a web trading platform, as well as a copy trading and social trading platform. #financemagnates #fmnews #FXGT #CFDBroker #TradingApp #FinancialServices #customersupport 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this video, Sherwan Zeybo, Head of Business Development at @fxgtofficial , discusses the growth and development of the CFD broker since its inception in 2019. Starting with a small team, FXGT has expanded to over 280 employees and obtained multiple licenses across various jurisdictions. Sher highlights the broker’s commitment to providing security, transparency, and a comprehensive trading environment for clients. Sherwan also mentions upcoming developments, including a new trading app and a web trading platform, as well as a copy trading and social trading platform. #financemagnates #fmnews #FXGT #CFDBroker #TradingApp #FinancialServices #customersupport 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this video, Sherwan Zeybo, Head of Business Development at @fxgtofficial , discusses the growth and development of the CFD broker since its inception in 2019. Starting with a small team, FXGT has expanded to over 280 employees and obtained multiple licenses across various jurisdictions. Sher highlights the broker’s commitment to providing security, transparency, and a comprehensive trading environment for clients. Sherwan also mentions upcoming developments, including a new trading app and a web trading platform, as well as a copy trading and social trading platform. #financemagnates #fmnews #FXGT #CFDBroker #TradingApp #FinancialServices #customersupport 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this video, Sherwan Zeybo, Head of Business Development at @fxgtofficial , discusses the growth and development of the CFD broker since its inception in 2019. Starting with a small team, FXGT has expanded to over 280 employees and obtained multiple licenses across various jurisdictions. Sher highlights the broker’s commitment to providing security, transparency, and a comprehensive trading environment for clients. Sherwan also mentions upcoming developments, including a new trading app and a web trading platform, as well as a copy trading and social trading platform. #financemagnates #fmnews #FXGT #CFDBroker #TradingApp #FinancialServices #customersupport 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
-
Remonda Z. Kirketerp-Møller | Muinmos
Remonda Z. Kirketerp-Møller | Muinmos
Remonda Z. Kirketerp-Møller | Muinmos
Remonda Z. Kirketerp-Møller | Muinmos
Remonda Z. Kirketerp-Møller | Muinmos
Remonda Z. Kirketerp-Møller | Muinmos
In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz’s commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling. #financemagnates #Regulation #CryptoTrading #PropTrading #FinancialMarkets #DigitalTransformation 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz’s commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling. #financemagnates #Regulation #CryptoTrading #PropTrading #FinancialMarkets #DigitalTransformation 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz’s commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling. #financemagnates #Regulation #CryptoTrading #PropTrading #FinancialMarkets #DigitalTransformation 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz’s commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling. #financemagnates #Regulation #CryptoTrading #PropTrading #FinancialMarkets #DigitalTransformation 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz’s commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling. #financemagnates #Regulation #CryptoTrading #PropTrading #FinancialMarkets #DigitalTransformation 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz’s commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling. #financemagnates #Regulation #CryptoTrading #PropTrading #FinancialMarkets #DigitalTransformation 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
-
Tom Higgins | Gold-i
Tom Higgins | Gold-i
Tom Higgins | Gold-i
Tom Higgins | Gold-i
Tom Higgins | Gold-i
Tom Higgins | Gold-i
In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation. #financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation. #financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation. #financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation. #financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation. #financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation. #financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔
-
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
FMvoices are here to confirm all the great things you’ve heard about our events ✨ At the same time, it’s a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo! Ugnė B., payabl. Joe Pelley, ActivTrades William Thomas, BVNK Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23 #fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you’ve heard about our events ✨ At the same time, it’s a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo! Ugnė B., payabl. Joe Pelley, ActivTrades William Thomas, BVNK Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23 #fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you’ve heard about our events ✨ At the same time, it’s a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo! Ugnė B., payabl. Joe Pelley, ActivTrades William Thomas, BVNK Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23 #fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you’ve heard about our events ✨ At the same time, it’s a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo! Ugnė B., payabl. Joe Pelley, ActivTrades William Thomas, BVNK Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23 #fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you’ve heard about our events ✨ At the same time, it’s a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo! Ugnė B., payabl. Joe Pelley, ActivTrades William Thomas, BVNK Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23 #fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you’ve heard about our events ✨ At the same time, it’s a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo! Ugnė B., payabl. Joe Pelley, ActivTrades William Thomas, BVNK Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23 #fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
-
FMvoices are here to confirm all the great things you’ve heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you’ve heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you’ve heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you’ve heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you’ve heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you’ve heard about our events ✨ #fmevents #fmls24
