What is in store for open banking globally?

Goodbye Screen Scraping, Hello Open Banking: The Future of Finance

In the banking world, screen scraping has been around for over 25 years – it’s how many fintechs got their start. But a continued push towards open banking in Europe and the latest regulatory moves in North America – such …

What is in store for open banking globally?

Since the launch of open banking, it has been positioned as a transformative force in people’s lives. It has the power to fundamentally change how people interact with their finances and the industry as a whole. By 2029, it has been estimated that open banking will reach an estimated value of $94.14bn. Even though open banking continues to experience evolution and growth, there are varying levels of adoption and regulatory frameworks across coun…