#788: Narmi’s Nikhil Lakhanpal Explains How Open-APIs are Empowering Today’s Credit Union Members…

8/14/2017

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Narmi Co-founder Nikhil Lakhanpal joins us on the show to discuss how his company's mobile and online banking platform provides a unified user experience, enabling financial institutions to effectively gain and retain more savvy consumers. What we discussed in this episode, however, is how open-APIs are rapidly changing today's banking -- and how credit unions will benefit from this change. We discussed in detail one of Nikhil's recent blog posts on this very topic: "Is the US Going to Mandate Banks and Credit Unions Provide an API to their Customers?"

Nikhil and his Narmi co-workers started this company due to pain points they experienced as Georgetown University Alumni & Student Federal Credit Union executives (Nikhil was CEO and Narmi Co-founder Chris Griffin was CIO). Looking to overcome these challenges inspired them to start Narmi -- which is a really cool story, as well. In fact, Georgetown University Alumni & Student FCU runs on Narmi's platform today.

Check out our conversation with Nikhil and let us know your thoughts.

Les Henderson

8/22/2017 01:58:51 pm

What a great tutorial, not just on the API aspect, but on how a CU trusted university students enough to run a branch and developed passionate future leaders in the industry as a by-product.

Mike Lawson link

8/22/2017 02:19:11 pm

Thank you for your comment, Les. Great conversation, indeed, with Nikhil on APIs -- as well as his time running Georgetown University's student-run credit union. Impressive for sure. Stay tuned because we will have that credit union on the show soon, too.

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#788: Narmi’s Nikhil Lakhanpal Explains How Open-APIs are Empowering Today’s Credit Union Members…

Mike Lawson, Host

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