Open banking is the next iteration of data aggregation. Finicity co-founder Nick Thomas says four segments are all converging simultaneously — digital identity, consumer data rights, regulation around 1033 and blockchain technology. 

The financial services landscape is set to change drastically as open banking permeates and changes the way consumers view and use their financial information. “These cool innovations with open banking and the number of use cases only continue to expand,” says Thomas.

 

Watch the video here.