Open Banking vs. Screen-Scraping
Until very recently, closed banking ruled the financial world — financial institutions closely guarded their customers’ data and required individuals to compile information across accounts on their own. Then came …
New Research Findings on Data Privacy and Financial App Usage
The Clearing House just released their 2021 Consumer Survey: Data Privacy and Financial App Usage and the results are staggering but not surprising. “Data breaches were up 38% in the …
A Safer Alternative to Financial Data Aggregation
In the modern world, we’re used to having access to all of our information at all times, thanks to the nifty devices we have in our pockets or the laptops …
How FIs Can Create a Culture of Trust by Empowering Customers with Full Control Over Their Financial Data
In a recent post, we discussed the importance of data transparency and privacy in Open Banking and Open Finance strategies. Here, we’ll delve a little further into one specific (and …
Why Data Transparency and Privacy are Critical to Your Open Banking/Open Finance Strategy
Customer data. For years, financial institutions have fought to maintain control over it in order to keep it safe and protected. But the landscape began shifting three years ago and the …
Open Finance: Say Goodbye to Screen Scraping with Open Finance
In recent years, there has been a continuous shift in customer needs and expectations when it comes to how they manage their financial assets. This includes the desire to access all …
