Open banking or open season? Competing on trust when switching banks is as easy as ordering pizza. Regulators around the globe are working to accelerate the shift to open banking. It’s interesting to watch, but this global trend doesn’t need much of a push. The truth is that customer experience expectations demand the shift, with or without regulation. Today’s customers are hungry for more visibility and control over their financial well-being, but they’re not excited about juggling a menagerie of apps to do so. Open banking promises a perfect solution — the ability to see and manage their financial lives in one place, regardless of how many institutions they use
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