Osama Mansour

For how long does it get access to my account?

These are question marks.

What I know is that they can get access for the next six months.

So you give them consent one time, but they could access it for an extended period of time.

And we don't know what they do with it.

Well, now there is a large sector within the fintech industry that works with data.

What it does, basically, they get the licenses to get access to our data.

And as you know, financial transactions can be quite messy, unstructured.

What they do with it, they process it, they organize it, and then they sell it to banks, to other banks, or even to fintechs who can use the data.

Yeah, with these data access regulations, these traditional credit reporting systems, as you say, are all technology.

Even paying with a card is now considered all technology.

What happens is that...

with AI agents, once you have access to massive sets of data, right, there is an opportunity to do more.

I mean, they call it fair credit scoring because you get alternative financial data, which means that it doesn't depend only on your transaction history in the traditional incumbent bank, but they could look into your mobile invoice payment, which you did in the Kivra app,

right?

Which is not a bank.

It's just a service to receive digital letters.

No, but you are correct.

Until 2019, the banking industry, the financial industry was, as we know it, they protect the data.

They are highly regulated organizations.