In this episode we talk with Jean-Paul LaClair, Senior Director of Product and Financial Data Exchange about the best ways to pursue open finance through adoption of systems and standards. Jean-Paul came out of Cornell University with a BA in Economics and Sociology, and prior to landing at Financial Data Exchange worked at USAA and M&T Bank. We cover topics like: What’s lacking in our conventional approaches to lending? How do we build a financial ecosystem that serves everyone? What exactly is open finance? How exactly does open finance benefit consumers and customers? How do you get so many players in finance to coalesce around one standard? What are the security concerns around open finance and data-sharing? Who are the member organizations that would participate in open finance? Useful Links:Financialdataexchange.org