Beyond APIs: The Strategic Value of Data Out in Open Finance

Eliminating screen scraping is only the beginning. For financial institutions, enabling secure data-out where customers can permission their financial data to trusted third parties isn't just a compliance necessity; it's a strategic opportunity to build trust, deepen relationships, and drive growth. In this panel, experts will discuss how data-out strategies can serve as a catalyst for customer transparency, security, and personalized experiences. By giving customers more control over their data, financial institutions can reinforce their role as trusted stewards and use insights from data-sharing behaviors to inform new products, enhance customer journeys, and identify cross-sell opportunities. The discussion will go beyond the technical requirements of API enablement and focus on the broader organizational impact. Panelists will explore how data-out initiatives can reduce operational costs by eliminating screen scraping and examine how visibility into customer-permissioned data flows can create powerful feedback loops.