As the only podcast dedicated to open banking, our podcast strives to be one of the key voices in the global open banking community. The goal of the show is to educate people on how the world of finance is being shaken up by open banking, ultimately giving them more ways to save their money, move money around and improve their financial well-being. To those building open banking, we bring the unique perspectives of technology innovators, financial leaders and key influencers, as we aim to accelerate its continued evolution.
Live @ Money 20/20, Oct 2024 - The Aggregators
Recorded live at Money 20/20, 2024 in Las Vegas, Nevada, Eyal is joined by the open banking leads from three major US aggregators: John Pitts, Head of Policy at Plaid; Jane Barratt, Chief Advocacy Officer at MX; and Anil Mahalaha, Chief Evangelist at Akoya. Aggregators, sometimes called data access networks, provide third parties with connectivity to a wide range of banks. In the US in particular, they are uniquely crucial, having built out an early form of open banking over the past few decades. As the region moves towards standardization and regulation, they will continue to play a pivotal role. Together, Eyal and his guests discuss the continued implications of the CFPB’s final ruling on Personal Financial Data Rights, the evolving role of aggregators, and the impact of API-driven connectivity. The conversation explores whether regulation is truly necessary, how it will shape the competitive landscape, and what’s next for the future of financial data access in America.
Specifically they discuss:
- CFPB’s Personal Financial Data Rights Rule
- The role of aggregators in the U.S.
- The transition from screen scraping to APIs
- Perspectives on secondary data use
- The commercialization of data access