The Threat of Open Banking
Mr. Open Banking
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Is There a 416 Billy and Botch Lot of It?
A report you published last year entitled catching the open banking wave states that there is, and i quotea estimated, 416 billion dollars at stake in the transition to an open data economy. Majority of that revenue will be lost to banks if they don't join the open banking and wagon. So there is clearly 416 billy and botch lot of it is also revenue interest, which the banks won't be able to tap into,. And somebody else will tap into if they don’t embrace upen banking.
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