#openbanking is known as a service that authorizes the digital transfer of data related to bank account of a customer. The exchange of data is carried out between banks and third party organizations. Furthermore, this account related financial information is utilized by the third party providers to design applications and services, which are provided to the customer.
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#fintech #DigitalBanking #BankingInnovation #APIBanking #financialtechnology #DataSharing #BankingTransformation
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#fintech #DigitalBanking #BankingInnovation #APIBanking #financialtechnology #DataSharing #BankingTransformation
Open Banking Market Size, Share, Growth & Trends 2022-30
The global open banking market size accounted for $9074.98 Million in 2022, and is expected to reach $52048.58 Million by 2030 registering a CAGR of 24.4%.
https://wemarketresearch.com/reports/open-banking-market/101
04:51 AM - Feb 28, 2025 (UTC)
