The customer journey is a key part of a good open banking solution. Here is a sample approach by Equifax.
The open banking movement is inspiring consumers to ask who owns their banking data (Kate Rooney, CNBC.com)
KEY POINTS The open banking movement fights for consumers to own their financial data.Start-ups like Plaid are leading the charge in the U.S. In the age of digital banking, financial data now stretches way beyond traditional banks. Consumers can quickly move their money or invest through financial technology apps, or so-called fintech apps like Venmo […]
Minna Technologies and Finland’s Largest Financial Group, OP, Extend Partnership Involving Open Banking Program (Omar Faridi, crowdfundinsider.com)
Minna Technologies and Finland’s largest financial group, OP, have extended their partnership which was established last year during OP’s open banking startup partnership program. Minna Technologies was chosen last year to take part in OP’s open banking program. John Nyström, country manager Finland at Minna Technologies, said that participating in the program was a great […]
In every successful industry, you’re sure to find innovators creating and evolving products and services to suit modern needs. The ability to react quickly and effectively to technology and changing consumer demands is crucial for companies and industries to grow. https://concentra.ca/pages/insights/cla_0219.aspx Unfortunately, Canada’s heavily regulated banking industry, dominated by a risk-averse oligopoly of six large […]