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Join Sean Bennett, Co-founder of Stronghold, as he shares what open banking is and why it's essential for consumers and fintech. Learn how industry leaders like Plaid and the Financial Data Exchange (FDX) are accelerating innovation with APIs, moving beyond outdated regulations like Dodd-Frank Section 1033 and screen scraping. Discover how this shift will ultimately bridge the gap between traditional finance and decentralized finance Stronghold is a leading payments infrastructure company dedicated to revolutionizing financial services. Our mission is to provide fast, secure, and accessible financial solutions for everyone. Leveraging cutting-edge developer APIs, we empower access to both legacy and next-generation financial services. At Stronghold, we harness the power of SHx to facilitate real-time settlement, offer fee discounts, implement a robust rewards program, and provide merchant cash advances through decentralized finance. Join us in shaping the future of finance and unlocking new possibilities in the digital economy. Check out our website: stronghold.co Join our discord: http://sghd.co/discord Follow us on socials: http://sghd.co/socials Timestamps 0:00 - Introduction 0:15 - What is Open Banking? 0:55 - Open Banking APIs 1:29 - CFBP regulations 1:57 - Why do API matters 2:50 - Why Stronhold cares about open banking? 3:30 - Will financial institutions adopt open banking? 3:52 - Closing thoughts #openbanking #defi