3min chapter

Mr. Open Banking cover image

What is Open Banking?

Mr. Open Banking

CHAPTER

Open Banking Basic Explained

Open banking is about granting authorized parties like fintax and other service providers access to your bank accounts through software connectors called a p is. There's two main types of a p is for open banking, one to get information about you or your banking activity, and another to move money around using payments. Getting banks, vintex and regulators to agreeon technology decisions is not an easy thing to do,. let alone incorporating the views of everyday people of all the countries in the world. The u k has probably made more progress than anyone.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode