2021: The Year Banks Rethink Their API Strategy
Co-authored by Samta Bansal More than two million British people use Open Banking-based products today, a number that, despite the disruption of COVID-19, is double that seen at the start of 2020. No wonder International Banker dubbed 2021 “The Year of Open Banking.” As open banking spreads worldwide, its growth comes with the pressing need to drive standardization that bridges geographic boundaries and regulatory frameworks.