A Model for Seamless, Secure Consumer Data Sharing
Eighty-percent of US and UK consumers now rely on digital tools to manage their finances, according to a 2022 Harris Poll survey commissioned by Plaid. On top of that, consumers care more about control and connectivity in the applications they use while expecting convenient and personalized customer experiences.
Enter: open finance. This data-sharing model creates a seamless touchpoint where customers—on their own terms—can securely manage their personal data beyond simply banking. They can automate transactions for their loans, pensions, mortgages, and more with third-party products and services.
Watch this Tech-Talk Webinar, presented by Okta. Our guests shared how open finance is opening the doors for consumers looking to integrate all their banking and financial needs in one place, securely. You’ll hear:
- What key consumer trends are driving the advancement of open finance
- How to safeguard customer account data across banks, credit unions, and fintech apps of their choice
- Plus! Key requirements and best practices for the future of digital finance and the open economy