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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.