Open Banking: A Paradigm Shift in Financial Services

Open banking is a financial concept and practice that revolves around the sharing of financial data and services through Application Programming Interfaces (APIs) between different financial institutions and third-party providers. The main goal of open banking is to enable enhanced financial transparency, competition, and innovation within the banking and financial services industry.
Open banking is revolutionizing the financial services landscape, creating a more connected and customer-centric ecosystem. By allowing secure data sharing through APIs, open banking offers a host of ben... read more