OFA publishes Manifesto
The Second Payments Service Directive (PSD2) and Open Banking demonstrated what could be achieved for consumers and businesses by opening up financial accounts to trusted third party providers using secure, open Application Programming Interfaces (APIs).
But with only payment accounts included in the scope of PSD2, this is just the beginning of a transformation of financial services industry.
Open Finance promises to further empower consumers and businesses by enabling them to utilise more of their financial data and account functions via trusted third parties.
Click below to download the Open Finance Association Manifesto and read more.
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