Open Banking

PNC’s fight with Venmo highlights bigger issue over who owns your banking data (Kate Rooney, cnbc.com)

KEY POINTS In the past few months, PNC customers have taken to Twitter to complain about issues connecting to the popular peer-to-peer payments app, owned by PayPal. Venmo shot back, suggesting users should tweet @PNCBank to “let me use the financial service apps I need!”  The tension underlines the larger debate over open banking laws and […]