Skip to main content

What is ‘Open Banking’?

Data exchange. Connectivity. Communication.
Open Banking is a model of financial system, composed of laws, practices and technologies, which allows the user to demand that their data be shared between different financial institutions.

Payments

What does this mean for the customer?

Data exchange allows new financial institutions to enter the market. This encourages the improvement, lowers cost and innovation of financial services.
We make it happen!