The US has introduced new rules aimed at making it easier for consumers to share their financial data with third-party providers. The "open banking" regulations, which took effect on September 30, are designed to promote competition and innovation in the financial services sector by allowing individuals to easily grant access to their account information.

Source: https://www.ft.com/content/fcd6e70f-60e3-40c2-876b-e4a8a90084c2