PaymentsSource: Banks Need Better Open Tech to Counter Alternative Payments

Banks may have a difficult time meeting consumers’ technology needs as quickly as they’re demanded, due to a heavily regulated environment. The services that financial apps bring to the table fill that gap, and now it’s up to banks to adopt more progressive data API strategies. In order to kick off the era of an open financial web, banks, aggregators and financial application providers are working together to establish industry standards that positively affect all their customers. Read the full article from Finicity President Nick Thomas on PaymentsSource.