Don't let the BIG BANKS put a toll on YOUR data.
Big banks want to control your data and charge you more fees. Use the link below to encourage the Trump Administration to stand up for consumer choice and competition.
How does the Open Banking protect me?
Open Banking means you control your own data—not the banks. It also levels the playing field for community banks, startups, and smaller financial institutions—which means you get more choices.
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What is Open Banking Rule 1033?
Federal law requires that customers control their data, but leaves the details to federal regulators. They wrote Rule 1033 to protect Open Banking, but now big banks are trying to gut it.
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What can I do to help?
It’s simple: use the link below to file an official comment in support of Open Banking and protecting Rule 1033. You can comment as an individual or even anonymously, and what you say becomes part of the official record.
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More information about Open Banking Rule 1033
Big Banks Are Trying to Hold Your Data Hostage
American leadership in financial technology, digital payments, and artificial intelligence depends on maintaining an open, competitive marketplace where innovative companies can serve consumers directly.
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Don’t rip away consumer choice: Keep the Open Banking Rule
Rule 1033 is about making sure your banking relationship works more like your cell phone plan. You should be able to switch providers if you’re unhappy and take your history with you, because that puts the consumer in charge of the relationship.
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JPMorgan’s War On Fintech And Consumer Choice
It’s clear JPMorgan and other major banks are trying to preserve their role as gatekeepers and consolidate control over consumers. It’s anti-competitive, plain and simple.
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Abandoning Open Banking Now Would Undermine The Genius Act’s Promise
Rule 1033 was designed by Congress to give consumers control over their financial data, increase transparency, and foster competition, all essential pillars of the GENIUS Act.