Open Banking will bring new challenges for lenders – their technology and IT infrastructure.
Banks that are mandated to share data are carrying the cost of bringing Open Banking to market. But, everyone involved in the Open Banking ecosystem, including Data Requestors, need to act responsibly to ensure that data is used and stored securely and compliantly.
We have outlined some of the key points that need to be considered to protect customers and deliver a great service in this white paper.
