Open Banking is highly considered to be transformational for the UK banking industry. Many banks and financial organizations are acknowledging benefits and opportunities with open banking. As conventional banking models are evolving, newer ways to acquire customers,...
The concept of putting consumers at the center of the business strategy has been well-known for years. Many companies and organizations have adopted this concept to gain a competitive edge. Banks have been major players utilizing this concept resulting in the rise of...
With an aim to make the banking safer and more secure for the consumers, the industry came up with a concept of sharing consumers’ transactional data with others through APIs. The concept coined as “Open Banking.” Now, what is open banking all about and why should you...
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