Register today for our April 23rd webinar on financial innovation driven by CFPB regulation. We'll discuss the opportunities open banking and embedded finance offer for community banks, credit unions, and fintechs. Our panelists: • Don Cardinal, Managing Director of the Financial Data Exchange (FDX), the leading Open Finance standard in North America. • DW Ferrell, founder and CEO of Localight, a rewards app that unites independent merchants and eliminates payment processing fees through a Circular Currency for communities. • Elaine Jesus, Product Manager of Open Finance at Sicredi, with a decade of experience improving credit union member experiences. • Lisa Arthur, our moderator, ensuring you get the most valuable insights and knowledge from the discussion. Register now! 🚌
Leapfrog Financial Powerhouses with Open Banking: Sensedia Talks
www.linkedin.com
Sensedia
3mo
You can read more about Sicredi's open banking initiative here: https://www.sensedia.com/customer-story/sicredi-and-sensedia-generate-business-value-through-open-finance
DW Ferrell
3mo
Don Cardinal: "Let's talk about FUD; fear, uncertainty, and doubt." "There's this fear out there that 'Oh my gosh, open finance will lead to a mass exodus of my consumers. Nowhere in the history of open finance, open banking, in any jurisdiction, have we seen a mass exodus of consumers. Period." "UK, Australia, Brasil, other jurisdictions... it just doesn't happen."
Sensedia
3mo
Welcome to our webinar! We hope you enjoy the content Today. Feel free to reach out with any questions, comments, or feedback! 🚌
Jaime Lopez Jr
3mo
Another example from Apple, in this case with Monarch Money and YNAB (You Need a Budget) to sync data from Apple Card, Apple Cash, and Apple Savings: https://www.monarchmoney.com/whats-new/sync-your-apple-card-apple-cash-and-savings and also https://www.ynab.com/blog/ynab-apple-wallet
Sensedia
3mo
For those who are just joining us, we will dive into some incredibly exciting statistics from Sicredi's credit union open banking initiatives.
Jaime Lopez Jr
3mo
Glad to see some familiar faces from the FDX Spring Summit
Lisa Arthur
3mo
Localight CEO DW Ferrell cites the inclusive benefits of open banking and the opportunity based on real data to extend and expand access to credit.
DW Ferrell
3mo
Lisa Arthur: "Elaine, what advice would you give to US credit unions?" Elaine Jesus: 1) "Open finance only makes sense if it serves and improves the lives of users of the financial system." 2) "Choose reliable partners. Sensedia was an important and wise choice to help us with the challenge of implementing open finance."
Lisa Arthur
3mo
FDX offers standards that equalize the playing field so regional banks and Credit Unions can leverage the "language of partnerships" with APIs.
Principal Developer Advocate @ Jack Henry
3mo"Meet your customers where they are" is an important thing for community banks and credit unions to do in order to maintain relationships. Remember, Apple loves its 'walled garden' for iPhones, iPads, Macs and even *they* build apps for Google's Android platform. Why? Because Apple wants to 'meet its customers where they are' with Apple Music, Apple News, Apple TV+.