Truist Financial Corporation introduced its first open banking integration, connecting first to Mastercard's open finance technology. The API-based platform provides Truist consumer and small business clients with secure, centralized access to their financial data--unlocking transparency, personalization and control across a growing ecosystem of trusted fintech apps. These clients can now seamlessly connect to the apps of their choice through direct connections to Mastercard's open finance platform.
This experience offers clients secure, tokenized access to manage which applications can view their financial data and for what purpose, without sharing usernames or passwords. Truist has selected Mastercard as its first direct API integration, ensuring that Truist clients have access to trusted and secure data-driven experiences of their choice through Mastercard's API connectivity.
