Finicity

Almost Two-Thirds of Consumers Comfortable Opening Loan Account in App
Almost Two-Thirds of Consumers Comfortable Opening Loan Account in App
February 25, 2022  |  Digital-First Banking

Almost two out of every three consumers are comfortable opening new accounts digitally, compared to less than half saying they prefer to manage their existing...

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Security, Trust Key to Consumer Adoption of Open Banking
Security, Trust Key to Consumer Adoption of Open Banking
February 23, 2022  |  Digital-First Banking

Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this...

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24% of Consumers Don’t Trust Digital Account Opening Tech
24% of Consumers Don’t Trust Digital Account Opening Tech
February 22, 2022  |  Consumer Finance

Fifty-nine percent of consumers have opened new financial accounts in the past year, according to Account Opening And Loan Servicing In The Digital Environment, a...

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42% of Consumers Want FIs to Offer Automatic Data Transfer When They Open New Accounts
42% of Consumers Want FIs to Offer Automatic Data Transfer When They Open New Accounts
February 15, 2022  |  Consumer Finance

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Mastercard: 2021 was the Year of Digitization
Mastercard: 2021 was the Year of Digitization
January 12, 2022  |  Opinion

2021 laid a foundation for technologies that hold the potential to transform the way we do commerce, says Bob Schukai, executive vice president of technology...

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FinTech Automation Partners with Finicity to Use Open Banking Data on Infrastructure-as-a-Service Offering
FinTech Automation Partners with Finicity to Use Open Banking Data on Infrastructure-as-a-Service Offering
January 04, 2022  |  Partnerships

Infrastructure-as-a-Service platform FinTech Automation (FTA) signed an agreement with Mastercard company Finicity on Tuesday (Jan. 4) to access consumer information for secure account validation and...

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Finicity CEO: Regulatory Patchwork Holds Back Open Banking Efforts in the US
Finicity CEO: Regulatory Patchwork Holds Back Open Banking Efforts in the US
December 16, 2021  |  Regulation

U.S. companies may have made significant progress in bringing innovation to the payment systems that undergird the digital economy, but regulation hasn’t necessarily kept apace....

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Loan Servicing Gets a Lift From Open Banking Platforms
Loan Servicing Gets a Lift From Open Banking Platforms
December 03, 2021  |  Loans

Lending, it’s been said, is as much art as science – and even in the 21st century, it is filled with friction. But with advanced...

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Open Banking Data Transparency Helps Consumers, Banks Stop Fraud
Open Banking Data Transparency Helps Consumers, Banks Stop Fraud
November 12, 2021  |  Digital-First Banking

The age of open banking is being accelerated by the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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