In an interview with Insider Intelligence, Steve Smith unpacks why open banking is a valuable tool for consumers, fintechs, and incumbents alike—and where it’s headed next. He breaks down the regulatory landscape and identifies where regulators can take the baton from the industry to keep consumers safe. He also gives his take on why consumers have a hard time trusting fintechs with their financial data and the role that open banking and APIs more generally will play in web3.

Read the full interview here.