Banking

Can Open Banking really reshape and rejuvenate financial use cases?

  • Open Banking represents a shift from screen scraping-dependent practices of the past and banks may stand to gain from its adoption.
  • Use cases like account opening, lending and personal finance management can all be improved if data is more easily accessible without depending upon practices that may compromise consumer's privacy or security.
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Can Open Banking really reshape and rejuvenate financial use cases?

 


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