12/06/2026
🇺🇸 The US just got Open Banking. Two months later, here is what changed.
On April 1, 2026 the CFPB Section 1033 rule put US Pay by Bank on the same regulatory footing as the UK and EU.
Eight weeks in:
🏦 ~75% of Tier 1 US banks shipped compliant APIs on time
📈 Pay by Bank volume on early-adopter US e-commerce sites: meaningful Q2 growth vs 2025
💰 A2A approval rates: 95-99% vs 80-90% on cards (same merchants)
⏱ Realistic US trajectory to UK 2025 levels: 3-5 years (the UK took 7)
The US is roughly where the UK was in 2020. The merchants who integrate Pay by Bank in the next 12 months will have production data when the consumer adoption curve accelerates in 2027-2028.
Thinking about offering Pay by Bank alongside cards before your competitors lock in the early-mover margin? Talk to our team and we'll walk through what it looks like inside an existing PayAdmit deployment 👇
🔗https://payadmit.com/contact-us/