Governments across the globe are embracing open finance as consumers increasingly demand digital tools and services to better manage their financial lives. In the U.S., the CFPB recently announced it is moving forward with formal rules to strengthen consumer data rights. As the rulemaking looms, many financial institutions have already begun to prepare for how this will impact their businesses and customers. Hear from industry experts with the Consumer Bankers Association and the American Bankers Association, as well as Plaid, a leader in open finance, on how financial institutions can set a strategy for success. Discussion topics include:
- What can industry expect from a strong consumer data access rule in the U.S.?
- How bank-fintech relationships will evolve and opportunities for partnerships.
- Leveraging open finance to build a safer digital financial ecosystem for all.
- Keeping pace with competitors and market demands for data connectivity.