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Plaid, fintech coalition establish 63 security requirements for open banking 

Nov 16, 2021By

Financial-technology startup Plaid, alongside a coalition of fintechs and security compliance companies, announced Tuesday a proposed framework for fintechs to better protect consumer financial information from rising security risks. The framework – coined as the Open Finance Data Security Standard (OFDSS) – is a worked document that establishes 63 individual security requirements across 12 control domains the […]

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