Entries by Finicity Editor

Finicity and Green Dot Announce Secure Data Access Agreement to Deliver More Accessible, Seamless and Secure Money Management to Customers

Latest API integration enables leading digital bank’s customers to securely connect to approved third-party apps and accounts PASADENA, Calif. — July 21, 2021 — Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Green Dot (NYSE: GDOT), a digital bank and fintech […]

NavyFederal.org: Navy Federal Puts Consumers in Control of Their Data

Navy Federal Credit Union’s VP of omni-channel strategy and innovation Ryan Fairley discusses APIs, personal data and how open banking benefits members so they can control their personal information, manage how its accessed by external parties like third-party apps, and receive more transparency into the data sharing and open banking process. Navy Federal recently signed […]

Banking Dive: Executive orders target financial data sharing

President Joe Biden signed executive orders Friday aimed at promoting U.S. competition by providing more scrutiny of bank mergers and giving consumers greater control over their financial data. The order includes support for open banking regulations, allowing data sharing among financial services companies to foster a more convenient and transparent consumer experience. The White House […]

Finicity’s Mortgage Verification Service is now live on SimpleNexus

SimpleNexus announced an integration with Finicity’s Mortgage Verification Service (MVS) that allows lenders to streamline the verification of applicants’ assets, income and employment using a single embedded service. Finicity launched MVS in February. The service leverages consumer-permissioned bank and payroll data to provide accurate, real-time insight into a borrower’s current assets, income and employment in […]

Putting the consumer first in a data-driven financial market: Q&A with Ryan Christiansen

Finicity Senior Vice President of Data Access, Ryan Christiansen, recently provided an inside look at the future of financial data connections, the importance of industry standards in building a trusted open banking ecosystem, and how open banking promotes financial inclusion at large. This interview covered: The types of data connections (API, structured and screen scraping) […]

Jack Henry, Finicity Partner to Empower Community Financial Institutions with Open Banking Capabilities

Jack Henry & Associates, Inc. and Finicity, A Mastercard Company have partnered together to provide a direct integration to the Banno Digital Platform. The agreement enables community financial institutions to provide consumers with the freedom to control, access, and share their financial data, creating a real-time picture of their financial health. Speaking of the agreement, […]

Mastercard: What is open banking? Your essential guide

Open banking is transforming the money experience, but as an emerging and evolving innovation, it’s still an elusive concept for many. Fortunately, Mastercard recently published an open banking primer that answers some fundamental questions: What is open banking? What kinds of open banking services are there? Can open banking grow financial inclusion? How does open […]