Open Banking is a financial technology (fintech) that enables customers to securely share their financial data with third-party providers. It is a form of online banking that allows customers to access their financial data from multiple sources, such as banks, credit card companies, and other financial institutions. Open Banking enables customers to access their financial data in a secure and convenient way, allowing them to make better-informed decisions about their finances. Open Banking also provides customers with the ability to compare financial products and services from different providers, allowing them to make more informed decisions about their finances. Additionally, Open Banking allows customers to access their financial data from multiple sources, allowing them to better manage their finances. Open Banking is becoming increasingly popular as customers become more aware of the benefits it provides. Companies in the Open Banking market include banks, credit card companies, fintech companies, and other financial institutions. Examples of companies in the Open Banking market include Bank of America, Wells Fargo, Capital One, and PayPal. Show Less Read more
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