In light of CFPB's 1033 rule, financial institutions must prepare and implement an open banking strategy sooner rather than later. CUSOs, credit unions, and banks must capitalize on this opportunity to leapfrog the competition by leveraging digital strategies in Open Finance.

This session will explore how financial institutions can move beyond compliance to adopt ecosystem strategies that enhance customer experiences, build trust, and drive revenue growth. Key topics include:

- Learn how to prepare for Open Banking's CFPB 1033 rule by understanding where you fit in the compliance timeline and exploring your options for a successful open banking strategy.

- Address the fear and uncertainty behind Open Banking. See how open banking has positively impacted user experience and retention and not a mass exodus of customers.

- Explore how a credit union uses secure Financial Grade APIs and Consent Management to provide personalized credit offers and personal finance management to nearly 8 million members.

- Learn the difference between monetization and revenue with Open Banking APIs and discover the value beyond compliance.

Join Natalia Cruz, Head of Open Finance at Sensedia, as she guides financial institutions worldwide through the complexities of Open Finance, demonstrating real success stories of how open banking can unlock new revenue streams through indirect API monetization.