What is Open Banking and why does it matter to your business?

  Image Source: Article

Image Source: Article

Banking has had a slow evolution in the UK, but that's set to change with the arrival of Open Banking.

The term refers to a new set of regulations that forces banks to securely share customer data with third-party providers. That may sound dull, but it could well lead to a monumental shakeup in how we and our businesses bank, with an explosion in innovation in services and apps.

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