1807: Open Banking and The Power of Your Financial Data

This episode is brought to us by Mastercard. The financial world is changing fast, and as we enter the 10th year of So Money, one of my goals is to keep us updated on the latest innovations and technology shaping our money world…to help you understand what’s coming, why it matters, and how you can leverage these changes to improve your financial life. Let me start with a quick thought: what if we had the power to unlock opportunities by using our own data — to switch direct deposits in minutes, get faster loans, or use your rent history to build credit? This is where one of the newest innovations in the finance world enters the picture. It’s called open banking and it’s transforming the financial ecosystem. Joining me today is someone who is at the forefront of opening banking: Jess Turner, EVP and Global Head of Open Banking and API at Mastercard. Listen as Jess breaks down what open banking is, why it’s the thread tying together this new financial world, and how it’s transforming the way we borrow, save, and spend. To learn more about Open Banking, visit this comprehensive guide.