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.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.