In a hyperconnected world, it’s hard to name a transaction, financial or otherwise, that takes more than a few moments. Much of our business and personal lives take place on a tiny mobile screen. Instant results are the universal expectation. Buying a pair of shoes, commenting on a social post, and paying utility bills are […]
Finicity CEO Steve Smith stopped by Lendit Fintech’s One-on-One with Peter Renton. Steve talks open banking’s everyday applications, the state of open finance around the globe and what we’re doing to ensure consumer-permissioned financial data is used responsibly. Listen to the podcast episode here.
Jack Henry & Associates, Inc.® is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry announced today that Finicity, Akoya, and Plaid are among the first open banking pioneers to integrate to the Banno Digital Platform using the Banno Digital Toolkit℠. This provides better security, privacy […]
Mastercard’s Jess Turner, EVP New Digital Infrastructure and Fintech, was featured in PYMNTS The Way Payments Are Now Done eBook discussing how account opening needs to follow customer expectations to provide the best experience possible. You can read the full report at PYMNTS, but here’s what she had to say: As we contend with in-person […]
Mastercard announced a bank-driven buy now pay later (BNPL) platform to allow borrowers to apply for loans through mobile banking and be able to use a virtual card when making the purchase. The platform will pre-qualify borrowers for zero-interest installment loans. Approved borrowers can fund their purchases with participating lenders and repay the loans through […]
While digital experiences are rapidly becoming the norm for mortgage lending, the verification process has largely remained a manual, paper-driven process. Fortunately, this is changing. Finicity, a Mastercard company, is the only authorized report supplier that offers a digital, single-vendor solution for assets, income, and employment authorized for representation and warranty relief through both Freddie […]
Finicity CEO Steve Smith testified before the House Committee on Financial Services FinTech Task Force on Tuesday, Sept. 21. He cited open banking powered by data aggregation as the game changer that flipped the data experience to one that empowers consumers and small and midsize businesses with access, control and the consented use of data. […]
Nick Baguley, VP of Data Science at Finicity, writes in the Fintech Times about how artificial intelligence (AI) and machine learning (ML) has the ability to make lending and verification processes easier and more efficient. Most importantly he talks about what’s already happening today and where it’s headed. Read the entire article here.
PYMNTS talked with Finicity CEO Steve Smith about open banking, open finance, data aggregation, where we’re headed with technologies and standards and how consumer-permissioned data is the future of lending. Innovation is largely occurring differently in each fintech segment so the usefulness of a broad open banking platform to provide relevant, quality data across investing, […]
SALT LAKE CITY, UT – August 26, 2021 – Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it is expanding its one-stop Mortgage Verification Service (MVS) availability within ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. This […]
