2min chapter

Mr. Open Banking cover image

Going Global

Mr. Open Banking

CHAPTER

The Building Blocks of Open Banking

The rise of digital and mobile technologies has led to an explosion of innovative tools from financial technology providers, or vintex. These fintax have been slowly sneaking into territory historically reserved banks. The answer was obvious: Find a way to let the customers have the financial tools they want, but do it in a way that can be controlled and regulated. And here marks the first act in our story of why open banking is important.

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