The Open Banking Opportunity

June 30, 2021

Open banking initiatives are live, in progress, or under consideration in most major economies around the globe. Open banking is, simply put, recognition that each consumer has the right to access, use, and permission the use of their financial data held by their institutions as the consumer sees fit. This access benefits not only the consumer, but upholds regulations and standards that protect all stakeholders, from the banks to the FinTechs that provide data-powered solutions. 

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Hybrid Approach: Pressing Go on Open Banking in Australia
Hybrid Approach: Pressing Go on Open Banking in Australia

Open Banking is well underway in Australia. More Financial Institutions release their Data Holder solutions...

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Leverage Technology to Facilitate Responsible Flow of Credit and Financial Wellness
Leverage Technology to Facilitate Responsible Flow of Credit and Financial Wellness

Responsible lending requires banks to dig into consumers’ financial data to better understand their financi...