Register now for Convera Live – a series of in-person events around the world to help your business leverage global market insights and develop strategies to mitigate FX exposure in 2024. Shore up your business strategy to weather uncertainty, understand the impact of interest rate decisions, prepare for upcoming elections, and assess the threat of a global recession at Convera Live in a city near you.
In October, the CFPB proposed a rule that would accelerate a shift toward open banking, giving consumers more control over their data and bolstering competition for banks and fintechs to up their game.
Plaid, the open banking pioneer that seamlessly connects fintechs and services with banks, has been a key player in this evolution. And now that income and employment data is much more integrated into Plaid services, the company believes a new era with even less friction and greater protection has arrived.
Hear from John Pitts, Head of Policy at Plaid and former CFPB employee, as he discusses these exciting advancements as well as potential hurdles ahead in the open banking revolution, the inevitable (healthy) tension between governments and fintechs, the promise of both retail and wholesale real time payments, and the latest developments at Plaid as they further solidify their role in a more open era of banking.
Disclaimer: Converge is Convera’s new podcast that discusses a range of financial services topics. We want to remind our listeners that the information shared on this podcast is for informational purposes only and should not be considered financial advice. Please note that the opinions expressed on Converge are solely the opinions of the host and the guests, not Convera’s.