COVID-19 pandemic has accelerated the importance of digitalisation as banks look to serve their customers in new ways during lockdowns and quarantines while customers are increasingly looking to access financial products and services on their own terms and on their own devices. With open banking technology, open finance; permissioned data-sharing are enabled to service a wide range of financial products and services. Key concepts and definitions of open finance are discussed in this paper, expanding to how banks can benefit from open finance.
In this white paper, discussions on:
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Join us in the upcoming webinar as we discuss the the recently joint published white paper titled Embracing Open Finance in Southeast Asia. We will cover:
Your credit score is crucial for financial opportunities in the Philippines. Understanding and monitoring it is key to success. It affects loans, credit cards, and interest rates. This guide empowers you to make informed decisions.
Open banking is ushering in a new era where financial services are not confined within silos but seamlessly interconnected. API integration makes this possible. The integration of APIs in open banking facilitates the smooth exchange of information between different banking systems. A customer viewing transactions from various accounts in a single application or swiftly transferring funds between different banks are tangible outcomes of strategic API integration in open banking.
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