Author: lisettechew42
The future is here: new Mastercard study finds majority of consumers embrace open banking to power digital financial experiences
Mastercard released a new report today, The Rise of Open Banking, demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences. Open banking puts consumers at the center of where and how their data is used to more effectively provide the services they want and need. Fintech companies and banks use this consumer-permissioned data to provide easier and more inclusive access to credit, personal financial management, digital wallets and payments services.
Open banking is already embedded in several areas of our daily lives, including personal financial management tools, linking of financial accounts and ... Read more