Video: Shaping the Future of Open Banking and Safeguarding Consumer Data Rights
Open banking – or the consumer’s right to securely control and share their own data – is foundational to fintech innovations that provide better financial services at lower costs for consumers. In fact, nearly 9 in 10 Americans use apps and services powered by open banking. Yet, many of the financial benefits that consumers enjoy today – from overdraft protections to loan servicing and fraud monitoring – could be undermined without clear rules of the road on open banking. Jo Ann will join a panel discussion regarding this very important topic.