The brief outlines how the CFPB’s Personal Financial Data Rights rule advances open banking in the U.S. by giving consumers greater control over their data and requiring financial institutions to adopt secure, consent-driven API ecosystems. Ping Identity helps banks meet these requirements with financial-grade APIs, strong authentication, consent management, and verified credentials. Its platform enables compliance, customer empowerment, and secure data sharing while reducing operational friction. Supporting over 8 billion identities and 100 million daily logins, Ping Identity provides a unified IAM framework that drives trust, innovation, and personalization in digital banking.

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