What is Open Banking? Axway experts answer #openbanking questions. #shorts
The term "open banking" refers to enabling third-party software providers and banks to build new, customer-centric financial applications and services with APIs as the enabling technology. But there’s much more to it than that. At its heart, open banking is about giving customers control of their financial data. Customers allow other third-party organizations to access their data (with their permission) and stimulate innovation in the fintech industry. Read the blog for more details: https://blog.axway.com/industry-insights/banking-finance/what-is-open-banking?utm_source=youtube&utm_medium=social&utm_campaign=api_marketplace_banking_gc&utm_content=glossary_videos Visit @AxwaySoftware for more!
