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Event Date |
Thu Dec 15 UTC (almost 2 years ago)
In your timezone (EST): Thu Dec 15 3:00am - Thu Dec 15 12:00pm |
Region | EMEA |
Open banking is a banking practice that provides third-party financial service providers open access to consumer banking, transaction, and other financial data from banks and non-bank financial institutions through the use of application programming interfaces (APIs). Open banking will allow the networking of accounts and data across institutions for use by consumers, financial institutions, and third-party service providers. Open banking is becoming a major source of innovation that is poised to reshape the banking industry.