Introduction to Open Banking
This session is tailored for current and future credit union executives interested in the realm of Open Banking. Presenter Brett Wooden will expose participants to the fundamental concepts of Open Banking and its relevance in the U.S. financial landscape. We'll examine initiatives, challenges, and opportunities specific to credit unions. Drawing inspiration from European and Canadian models, we’ll uncover best practices and innovative strategies that can be adapted to a U.S. context. From leveraging APIs and strategic partnerships to prioritizing data security and member privacy, this session will equip credit union leaders to embrace Open Banking as a catalyst for growth and an enhanced member experience.