- May 18, 2018
- PSD2
- Open Banking, PSD2
SalariedStudio | Open Banking
Open banking is a major source of innovation in the banking industry. Open Banking is a system that provides a user with a network of financial institutions’ data through the use of application programming interfaces, better known as APIs. This banking Standard defines how financial data should be created, shared and accessed, by relying on networks instead of centralization, open banking helps financial services customers to securely share their financial data with other financial institutions.