CONSUMER DATA RIGHT: OPEN BANKING

Open APIs create mutual opportunity for both banks and fintechs; banks have the ability to play both roles (Data Holder and Data Recipient). Banks can give consumers new ways to use their accounts through third-party applications, creating more satisfied, loyal customers. Fintechs benefit from the ability to integrate with major banks that customers already use, which helps drive adoption and fund further investment in innovation.
Read more...

;