Core Insights - Truist Financial Corporation has launched its first open banking integration, connecting with Mastercard's open finance technology to enhance consumer and small business clients' control over their financial data [1] Group 1: Open Banking Integration - The new API-based platform allows clients to securely access their financial data, promoting transparency, personalization, and control across various fintech applications [1] - Clients can connect to their preferred apps through direct connections to Mastercard's open finance platform, enabling secure, tokenized access without sharing usernames or passwords [1] Group 2: Client Empowerment - The open banking platform aims to empower clients and small business owners by providing personalized experiences and a comprehensive view of their financial health [1] - It offers secure data sharing, new opportunities for individuals with limited credit histories, and improved payment options [1] Group 3: Strategic Partnership - Truist has chosen Mastercard as its first direct API integration partner, ensuring clients have access to secure and trusted data-driven experiences [1] - The collaboration emphasizes the importance of trust and security in delivering seamless financial experiences to clients and businesses [1] Group 4: Company Overview - Truist Financial Corporation is a purpose-driven financial services company with total assets of $548 billion as of December 31, 2025, and has a strong market presence in high-growth U.S. markets [1]