- May 24, 2018
- PSD2
- Open Banking, PSD2
The New Face of Digital Transformation : Open Banking!!
Open Banking, as a concept could be considered as a subspecies to the Open Innovation concept, a term promoted by Henry Chesbrough. In simple words, The “Open Bank” Project is an open source API and App store for banks that empowers financial institutions to securely and rapidly enhance their digital offerings using an ecosystem of 3rd party applications and services.