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02/15/2022

How can open banking get ahead in 2022?

Fintech Futures

While there is overt awareness around open banking and its benefits within the financial services industry, the challenges created by a lack of education are evident.

The services offered by banks today are focused on those with multiple bank accounts, and there is still some reluctance to share sensitive financial data. However, with the increasing intensity of consumers embracing digital in their everyday lives, there is a renewed focus on how banks can meet the needs of the digital consumer.

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