Op-ed: We should accelerate the adoption of open banking in the US

Woodstock President & CEO Horacio Mendez and American Fintech Council CEO Phil Goldfeder wrote an op-ed for the American Banker urging bankers and regulators to speed up implementation of open banking:

“The potential benefits of open banking are clear: better customer experience; opportunities for the creation of new financial products and services; opportunities for technological innovation in banking; and serving individuals and communities who are typically left out of the traditional financial industry.”