Thursday, June 20

Day: May 17, 2024

The intersection of open banking and digital wallets: what’s next?
Education

The intersection of open banking and digital wallets: what’s next?

In the rapidly evolving world of financial technology, open banking and digital wallets represent two of the most transformative developments. As these two spheres intersect, we're witnessing a new phase of innovation that's set to redefine consumer experiences in managing and spending money. This blog post explores how open banking is influencing the development and adoption of digital wallets, delving into the future possibilities and the impact on consumers and businesses alike. Open banking: a catalyst for digital wallet innovation Open banking, by allowing secure, consented access to financial data and services through apis, is providing fertile ground for the evolution of digital wallets. This synergy is not only enhancing the functionality and appeal of digital wallets but als...