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The future of digital payments

Pragmatism in Practice

CHAPTER

The Potential of Open Banking to Serve Undeserved Communities

Open banking is making it much easier for businesss to get an understanding of peoples like credit history, if they're not a if they're in a community that is under banked or unbanked entirely. We've seen some real innovation around what's been happening and throughout covid. A lot of the functionality around payment has become very composable now. It's like lots of small pieces that can be actually, ike, knitted together in really innevative ways.

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