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Small Louisiana bank gives customers tool to safeguard their data

September 29, 2020|0 min read
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American Banker
Originally Published on September 29, 2020
As banks, we've always held on to the transactional account data from our customers from a security perspective and a competitive perspective. The benefits of opening these data collections and sharing them to third parties for the benefit of those customers is obvious, but the control just has to be there.
““You shouldn't need to be a megabank to experience the benefits as an institution, as well as your customers. This really should be something that from an infrastructure level and a strategy level should be available to the whole ecosystem," -Barratt”

Tags:

open bankingpersonal financial managementdata aggregation
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