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Has US Open Banking’s Day Arrived?
John and Glen dissect the Biden Administration’s recent Executive Order and its likely impact on open banking, financial institution mergers, and services in “banking deserts.”
Links related to this episode:
Fact sheet on the recent White House Executive Order (banking is addressed at the end): https://www.whitehouse.gov/briefing-room/statements-releases/2021/07/09/fact-sheet-executive-order-on-promoting-competition-in-the-american-economy/
BIG’s blog analyzing the Executive Order: https://www.big-fintech.com/Media/Blog/ArticleID/766/Credit-Union-Takeaways
Last week’s BIGCast, with more of Glen’s coverage of the Exec Order (followed by a great Buy Now Pay Later discussion): https://www.big-fintech.com/Media/BIGcast/ArticleID/762/buy-now-pay
Best Innovation Group’s Digital Town Hall, held each Wednesday afternoon- an informal interactive venue for Credit Union best practice sharing. Request an invitation here: https://www.big-fintech.com/CU-Digital-Town-Hall
Follow the Best Innovation Group on Twitter: @bigfintech
Follow Glen on Twitter @154Advisors
Follow John on Twitter @jbfintech