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Plaid’s John Pitts and Jaime Lopez of Jack Henry discussed how community banks and credit unions are being digitally empowered in a Fireside Chat at Open Banking Expo USA.
Speakers representing fintech, consumer advocacy, and financial institutions took part in the Powerhouse Debate, titled ‘The New Era of Open Banking in the United States’.
Mastercard’s executive vice president of Open Banking, Americas, Bart Willaert, and Patricia Korth-McDonnell, chief experiences officer at Lendio, opened the Expo with a Fireside Chat.
The coalition will look at using alternative data sources, enabled by technologies such as Open Finance, to develop and build “smarter” lending models.
Award-winning Open Banking fintech Yaspa has named Chris Lowe as its new chief financial officer.
The expanded offering enables lenders to confirm borrowers’ balances, cash-to-close and cash-flow history alongside income and employment.