Welcome to the Tearsheet Podcast. I’m Zack Miller.

Data aggregation and connectivity firm Plaid recently announced Exchange, its open finance platform that allows banks and other financial institutions to share their customers’ data via a single API integration. As the public requires more forms of integration with the fintech apps they use, banks are looking for secure solutions. And for banks that may not have the in-house chops to stand up an API, Exchange enables them to get to market cheaper and quicker.

Plaid’s Niko Karvounis joins me on the podcast today. The product lead for Plaid’s institutional products, Niko was also co-founder of Quovo, which Plaid acquired. He shares his vision for Exchange and how financial institutions are moving to service their customers’ needs for connectivity.

DataDay is the first-of-its-kind conference on financial data. Consumer data, data ecosystems, and data aggregation is changing the face of modern financial services. Join top speakers from Plaid, Wells Fargo, Fiserv, MX, Stash, and more. Secure your spot at tearsheet.co/dataday-conference-2020