In such a complex and strongly regulated sector as financial services, compliance gains strategic importance, and the drivers of choice are not limited only to cost reduction. As a result, financial institutions sought innovative solutions to increase automation, standardization, and simplification across organizations and industries.
The boost given to Open Banking by PSD2 has led to a new development paradigm, enabling banks to offer new and tailored products to clients thanks to the interoperability of financial data made possible by APIs.
What you can further explore in this Whitepaper:
