{"success":true,"data":{"content":"
\n \n \"May <\/a>\n \n
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\n \n Open Banking <\/a>\n <\/div>\n

\n \n From Open Banking to Open Finance: Redefining the Financial Services Landscape <\/a>\n <\/h2>\n
\n By Bethany May The Consumer Financial Protection Bureau (CFPB) just released proposed rules for Open Banking in the U.S. which offer a framework for understanding Open Banking roles, role-based requirements and rights, and timelines for implementation, among other things. This long-awaited proposal lays the groundwork for a more mature approach to Open Banking in the U.S., or dare I say, Open Finance? What is Open Banking? Open Banking enables customer-permissioned data sharing and account-to-account (A2A) payment initiation, using application programming interfaces (APIs) provided by banks to authorized third parties. For an introduction to Open Banking principles and the implications for […] <\/div>\n\n <\/div>\n<\/article>
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\n \n Cross-border Payments <\/a>\n \n Financial Inclusion <\/a>\n \n Global Payments <\/a>\n <\/div>\n

\n \n Decoding a cross-border business payment to Rwanda: detailing the journey, the costs, and our observations <\/a>\n <\/h2>\n
\n By Elizabeth McQuerry, Cici Northup, & Victor Malu   Introduction Glenbrook is based in the U.S., but we work on projects around the world; our global practice often supports clients in emerging markets. From time to time, for more formal proposal processes, we are asked to provide a corresponding bid security. For anyone not familiar \u2013 a bid security can help to ensure legitimacy of proposing entities. It’s a formal process that typically requires a banking entity to carry out the process by holding funds in a sort of escrow. It helps ensure that the proposing entity holds itself accountable […] <\/div>\n\n <\/div>\n<\/article><\/div>
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