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Open Banking and Financial Inclusion: Opportunities for Underserved Communities
Open banking refers to the concept of allowing third-party developers to obtain financial information and data, such as account balances and transaction histories, via open APIs. (Application Programming Interfaces). This enables greater financial service innovation, increased competition, and improved consumer access to financial goods and services.
The possibility for financial inclusion is one of the most important benefits of open banking. Low-inc... Read More
Content Topics
Open
Banking
Financial
Inclusion
Opportunities
Underserved
Inclusion
Communities
Forex
Posted: Mar 31 2023, 14:58
Author Name: financemagnates
Views: 102523