The Fintech Data guide explains the evolution from manual entry and screen scraping to APIs as the foundation of secure data sharing. Regulations like PSD2 in Europe and CFPB principles in the U.S. emphasize access, transparency, consent, and security. Consumers overwhelmingly want consolidated financial views, with 90% valuing the ability to see all accounts in one app, though only 40% currently can. Poor digital experiences drive attrition, as 39% reduce banking with institutions that lack strong digital tools. APIs, offering tokenized, permissioned connections, are emerging as the standard, enabling transparency, innovation, and bi-directional data sharing for customer-centered banking.

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