September 11, 2020

A Far Reach

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Covid-19 and it’s effects have placed a drag on the growth of Open Banking. Open Banking depends in large parts on fintech’s to develop and deploy APIs and despite the pandemic there has been progress. The crisis may help speed up the adoption of Open Banking in the long term, as old school clients have been forced to abandon branches, ATMs in favour of digital banking, possible expanding the Open Banking market permanently.

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