Fintech Daydreaming cover image

Open season for banking with Eyal Sivan (a.k.a Mr. Open Banking)

Fintech Daydreaming

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Open Banking in the US

Banks are starting in the US to see open banking as something of a moat around their existing market position which is great. They're becoming very positive if you speak to American bankers their tone around open banking is now very enthusiastic. The aggregators all now support F DX so every major aggregator, including plaid, now supports F DX as a back end standard. So you're seeing all the right movement in the US. In the absence of any regulatory regime. As I said, I think regulation is coming. But I think regulated regions could learn a lot from the US in terms of innovation and utility that they're bringing to their standard. Specifically in the sense of following market opportunities

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