Connected Banking Requires New Security Protocols to Keep Consumer Data Safe

Real-Time Payments Tracker® - February 2022

FinTechs and banks are collaborating to give their customers unprecedented flexibility, control and speed, but can create new security gaps. In the Real-Time Payments Tracker, a PYMNTS and The Clearing House collaboration, Dwolla’s Dave Glaser says banks need to think differently about protecting financial data if they want connected banking to flourish in the U.S.

Inside the February Tracker
  • An interview with Dave Glaser, president and chief operating officer of FinTech firm Dwolla, on open banking’s potential in the U.S. and why enhanced security is necessary for such systems
  • The latest headlines from the real-time payments space, including why storage and backup security is one of the biggest concerns for financial firms and how China is connecting its central bank digital currency to Hong Kong’s Faster Payment System
  • An in-depth look at how connected banking is helping FIs better serve their customers, strengthen security and create new opportunities for innovation

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    The Clearing House Real-Time Payments Tracker Series