Alternative Data News and Insight

Under the new regulatory regime, incumbent providers could suffer damage to panel stability and increased competition from new entrants.

As transactional data providers expand into new geographies such as the UK and EU with information derived from open banking, rewards apps, and email receipts, buyers should consider key concentration risks in diligence and contracting that are particular to expensive transactional data.

How Open Finance will affect US transactional data vendors, concerning headlines about phone-derived geolocation data and consumer privacy, and new regulatory disclosures in China.

Open banking is a term that is frequently banded around in the context of consumer transaction data – but what do we mean by open banking and why should users of transaction data pay attention to open banking developments?

September 14th was an important milestone in the march towards Open Banking. It marked the original deadline for implementation of PSD2 or ‘the second Payment Services Directive.’ If you don’t know what that is, and you are currently purchasing (or thinking of purchasing) European consumer transactional data – you may want to read on. In this report, we introduce the ubiquitous, yet often poorly understood, FinTech phenomenon of Open Banking, and consider the implications of these regulations on both buyers and sellers of alternative data.