
'Open finance can lift all boats while creating more efficient commerce': Fiserv's Sunil Sachdev
Tearsheet Podcast: Exploring Financial Services Together
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Open Banking
The current regulatory framework still requires any brand that wants to offer financial services or banking services, to participate and work an partner with a financial institution. And we see this as a great portunity to kind of lift all boats by bringing in more transaction value and extending the charter for our community institutions. We're not really surprised the pucks going there, just because of all the tail of windsworth. Close to forty % of the financial tions in the country use a ficer cor banking system and a postar. A merger with fertres data, we now see roughly 40% of the card transactions that happen in the country. So we're truly et, i believe, the next
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