1033 Open Banking and Payments

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The Payments Perspective by Wespay

Wespay

34 episodes

6 days ago

The Payments Perspective Podcast helps payments professionals navigate their payments journey one episode at a time. The Payments Perspective Podcast brings industry leaders together to discuss emerging and legacy payments channels and the most important issues impacting our industry. The Payments Perspective Podcast is brought to you by Wespay, where we build and share knowledge to guide members through their payments journey, from concept to operation.

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1033 Open Banking and Payments

The Payments Perspective by Wespay

16 minutes 28 seconds

10 months ago

1033 Open Banking and Payments

In this episode of the Payments Perspective Podcast, Connie LaChance, VP of Education and Events at Wespay, and Mark Dixon, Senior Consultant at Nacha, delve into the significance of 1033 Open Banking and its profound impact on the payments industry. Enacted under Section 1033 of the Dodd-Frank Act, this regulation is revolutionizing how we access and share financial data, promising greater customer empowerment and fostering the latest fintech advancements. Connie and Mark will explore this topic from the payments perspective, addressing critical issues faced by financial institutions, such as data security.

If you would like to contact Mark for more information, he can be reached at mdixon@nacha.org

Wespay members can listen to Mark Dixon discuss this issue in our December 2024 Quarterly Member update here: https://www.mywespay.org/public/s/member-only-training?tabset-f11fe=4db33

If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership