Jan 15, 2020
Recent dustups between data aggregator Plaid and large banks such as PNC and Chase show the importance and challenges of data sharing between banks and Fintechs. In this episode, the IPA talks with Don Cardinal, the managing director of the Financial Data Exchange, a nonprofit dedicated to managing data sharing through a proprietary API.
We discuss the importance of data sharing, how an API helps, and why data sharing is important for payments innovation.
If you want to learn more about the Financial Data Exchange, you can visit their Web site at: https://financialdataexchange.org/
Interested in becoming an IPA member and helping to shape the future of payments? Reach out today and talk to us about the benefits of joining. Go to www.ipa.org to learn more.