Correspondent Blog

Larger banks have long relied on Application Programming Interfaces (APIs) to streamline operations, enhance interoperability, and enable digital transformations. Yet, as we enter a new era dominated by agentic artificial intelligence (AI)—AI that autonomously executes actions on behalf of users—traditional APIs are increasingly showing limitations. Banks need to begin thinking differently, considering the adoption of…

We pine for the days when banking was boring. It is not now. Right on target, the Consumer Financial Protection Bureau (CFPB) released the final version (HERE) of the much-anticipated Section 1033 rule on consumer financial data rights this week. This rule ushers in a significant change, the ramifications of which need to be considered…