Open Banking already allows authorised, regulated websites and apps to access transaction data from bank accounts and payment services. So why do we need Open Finance, and what needs to happen to make it a success?
In our latest whitepaper, we share our insider expertise to help you understand the benefits of Open Banking and how it has evolved into Open Finance, giving third party providers (TPPs) access to more kinds of financial data, such as savings accounts, consumer credit, insurance, pensions, mortgages, and investments, also we took a deeper dive into what the transition to Open Finance looks like, how consumer trust issues can be overcome, and the regulations behind this fast-moving technology.
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