Introduction Financial inclusion—the ability of individuals and businesses to access affordable financial services—is a crucial factor in economic development. Yet, billions of people worldwide remain unbanked or underbanked, meaning they have limited or no access to traditional banking services. Open banking is emerging as a powerful solution to this challenge, leveraging technology, data sharing, and […]
Open Banking is revolutionizing the financial landscape by enabling secure sharing of customer financial data between banks and third-party providers through APIs (Application Programming Interfaces). This collaborative model promotes innovation, competition, and better customer experiences by allowing users to access and manage their financial data across multiple platforms seamlessly. As we move into 2025, Open […]