The Financial Brand: Open Banking Gets a Big Jump Start from COVID
The Financial Brand
By Bill Streeter
July 27, 2020
What was once an alien concept for most financial institutions is now viewed as an essential path to innovation. Open banking has 'opened' the door for traditional institutions to offer a wider range of products through promoting access to third-party applications, on a secure basis. Here's why all banks and credit unions must have strategy for a trend that's reshaping banking.
[MX Co-Founder and CTO Brandon Dewitt shared his thoughts with The Financial Brand.]
“The data that financial institutions manage is as important as the money they manage on behalf of consumers.” -- Brandon Dewitt, CTO of MX
Read the full article here.