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Open Banking

Small Businesses Need Capital: How Open Banking Can Open the Door

Digital innovation in banking is opening doors for businesses big and small. Access to capital remains a major pain point for small businesses. Fintechs and financial institutions need to find ways to quickly and accurately assess credit risk to keep pace with the growth in this rapidly expanding segment. This panel discusses how a new approach led by open banking will transform the experience for lenders and small businesses going forward.

Panelists:

Steve Smith, Chief Engagement Officer, Mastercard Open Banking

Denada Ramnishta, GM & Head of Corporate Development, Lendio

Gene Marks, President & CEO, The Marks Group

Peter Renton, Co-Founder & Chairman, Lendit Fintech

To learn more about Mastercard’s open banking and open finance solutions, visit https://www.finicity.com/open-banking. To learn more about small business lending, visit https://www.finicity.com/lend. And to request a demo of our consumer-permissioned data products, visit https://www.finicity.com/fintech-demo.