Tearsheet Talks: Lending x Credit x Data with Andy Sheehan, EVP, US Open Banking, Mastercard
How is consumer-permissioned data driving the digital evolution in lending? In this video, Mastercard’s Executive Vice President, Open Banking, North America Markets Andy Sheehan and Tearsheet’s Zach Miller get into the details of Mastercard’s lending priorities: inclusion, transparency and security. What do they look like in practice?
The two discuss Mastercard’s strategy and role in the open banking space, and how Mastercard is building out a new network of consumer-permissioned data as a trusted source for consumers and small businesses. This network works alongside traditional payment networks and identity networks, so that consumers can put their information to work across the ecosystem, accessing the tools to enhance their financial lives.
Sheehan breaks down how Mastercard is leading the industry in creating next-generation API connections to financial institutions and overlaying its open banking network with Mastercard’s unique capability mix.
Watch the full session above and learn more about the Mastercard open banking platform.