A Utah company is helping fuel the revolution in financial services – Salt Lake Tribune

Sponsored: Finicity, a Top Workplaces honoree, is empowering consumers and businesses to connect their financial data to an expanding range of beneficial apps

(Leah Wright photo) Situated just off I-15 in Murray, Utah, Finicity headquarters offers a panoramic view of the snow-capped Wasatch mountain range.

By Jeff Hutchins | SVP & Chief People Officer of Finicity, a Mastercard company

| Nov. 11, 2021, 7:00 a.m.

| Updated: 7:50 p.m.

Finicity, a Mastercard company, was founded on a simple idea: Data is at the heart of good decision-making. Our data access and insights platform powers lenders, payment processors, financial institutions and fintechs across the financial services spectrum. Working together, every decision we make is with consumer empowerment in mind. Finicity has been named a Top Workplace by the Salt Lake Tribune for 2021, in part, because the companys mission of consumer empowerment has helped create an inclusive culture.

According to Finicity Co-founder Steve Smith, Our culture is built on collaboration. We define our culture as the unifying mindset and behaviors that matter most: Focus on our customers, thoughtful risk-taking, a sense of urgency, ownership, empowerment and inclusion. We value visionaries, innovators, and doers. As a recently-acquired Mastercard company, were experiencing massive growth in our open banking division. Were looking for data scientists, network engineers, and developers who want to be a part of something big.

What is open banking? Simply put, open banking gives individuals, families and organizations the ability to give financial service providers or apps permission to access their financial data. In turn, they receive a variety of beneficial financial experiences of their choice. As a result, there has been a major surge in new or improved services coming to the market. Now people have more choice in how they pay or get paid, an enhanced ability to demonstrate creditworthiness, or an expanded set of tools to manage personal or business finances.

Finicity has rapidly emerged as one of the top providers of open banking solutions. We are creating the new money experience using consumer-permissioned data.

With the pandemic, more people are going digital when it comes to their finances. In fact, this past year saw a surge in the use of financial apps, with a 30% year-on-year increase of fintech adoption by US consumers. You may already be using an open banking network. Its the technology that powers many popular financial apps, including Rocket Mortgage, a Mortgage-brokering app; TomoCredit, a credit card for thin-credit consumers and new Americans; and Experian Boost, which can help to improve credit scores.

Finicity is developing next-gen technology to revolutionize the consumer experience in financial services. Join the team! Youll work on new products, experience fast growth with us, and make a real impact on the future of open banking.

During the COVID pandemic, Ive watched Finicity become one of the fastest-growing companies in Utah. Weve added nearly 300 people to the team since the first of the year. Were not stopping there. With the Mastercard acquisition, were growing quickly. We have a number of open positions that are part of the worldwide open banking effort at Mastercard.

Make your mark with a global open banking company on a mission to reimagine how finance happens. Visit our careers site here and find a home for your talent and passion.

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A Utah company is helping fuel the revolution in financial services - Salt Lake Tribune