
Consumers create and share their financial data every day -- from accessing third-party apps for payments and account opening, to investment and financial management. The majority of data sharing is still done via screen scraping, which requires consumers to share their most sensitive information like passwords and identification numbers, in order for financial service providers to access their financial data -- leaving the consumer, and financial backend systems, vulnerable to compromise.
As the financial industry strides towards open financial data, FIs and fintechs are tasked with sourcing data connections that are safer, faster, and more reliable, while optimizing the consumer experience.

Cue Modern Connectivity -- a tokenized, consumer-permissioned method for data aggregation and enhancement. For the consumer, Modern Connectivity means looking at all of their financial data in a single view and being able to share their data with apps that help make their lives easier. For the financial services provider, it means security and ease.
Download the WTF Guide to understand what’s coming up for financial data aggregation:
- Why legacy aggregation methods like screen scraping are risky and outdated
- WTF is Modern Connectivity, and why it matters for FIs and consumers
- How it works, and fintech use cases in payments, lending, digital banking, and financial wellness