Open Banking
Tearsheet: Wells Fargo — Banks need to create data exchange standards
At Finicity, we believe that user-permissioned access to high-quality data is of the utmost importance to an open financial web. On the heels of our momentous data exchange deal with Wells Fargo, it would seem banks are starting to agree.
In this article on Tearsheet, author Tanaya Macheel spoke with Brett Pitts, head of digital for Wells Fargo Virtual Channels, and Finicity CEO Steve Smith, about the hope that this agreement can be a tipping point for the industry.
To read the whole story, click here.