As a result of the partnership between Constellation, FinGoal, and Envestnet | Yodlee, FinTech’s will no longer have to worry about interfacing with different data aggregators. Instead, credit unions using Constellation’s platform can enjoy the simplicity and efficiency of a single aggregation relationship.

In this episode, FinGoal CEO, David Nohe talks learn about our innovative approach to data, how Link Money works to the benefit of digital banking platforms, fintechs and end users, as well as the importance of strong partnerships.

FinGoal is among 36 Colorado start-ups approved for funding as part of the Colorado Office of Economic Development and International Trade (OEDIT)’s Advanced Industries Accelerator Grant Program, receiving a $250,000 grant.

FinGoal along with eight other startups from around the world pitched their companies and innovative ideas to an audience of nearly 1,000 investors, strategic partners, mentors, and industry leaders in Atlanta during Demo Day, the conclusion of the third class of the Comcast NBCUniversal’s The Farm, powered by Boomtown.

FinGoal selected as one of the 10 startups joining the 2020 MetLife Digital Accelerator powered by Techstars. This startup class is building solutions for financial wellness and engagement, helping customers and families save money, tackle debt, stay healthy, care for seniors and children, and close the racial wealth gap.

FinGoal CEO, David Nohe and Brian Costello, VP of Data Strategy and Strategic Solutions with Envestnet | Yodlee take on one of the industry’s most recent “buzziest” buzz words -- Open Banking.

The past year has taught all of us the importance of strong financial systems large and small. Starting with PPP loan origination and moving to upgraded digital banking for consumers, the smartest banks are stepping up as heroes for their communities. Learn how the most innovative banks are using AI to scale hyper-personalized actionable advice for their users--getting the right content to the right user at the right time.

To fully leverage the data aggregation, Constellation partnered with FinGoal, a company that builds data infrastructure and analytics for the fintech ecosystem. Now, when a member links an off-core account in one service, built by one developer, that data becomes available for that member in other services built by other developers. The data is made available to the credit union as well. FinGoal’s industry-first data aggregation and permission API removes user friction, normalizes data models, and represents a significant cost reduction.

Open banking starts with the premise that consumers have the right to access the data that’s held by their financial institutions — and permit that data to be used by third-parties for the consumers’ benefit. But this is only the beginning, says Brian Costello, VP, Data Strategy & Governance at Envestnet | Yodlee, as the open banking movement becomes part of a much larger open finance trend.

Open banking initiatives are gaining traction in the U.S. Join our webinar to discuss the current status of open banking with industry thought leaders from FinGoal, Tiller Money, and Envestnet | Yodlee, and learn how it’s fueling both opportunity for FIs and better financial outcomes for consumers — and how to prepare.