openbanking – Opus Software https://www.opus.software Better for Digital Transformation Fri, 24 Mar 2023 15:02:10 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.15 4 trends of new business models in Open Banking https://www.opus.software/new-business-models-in-open-banking/ Tue, 05 Apr 2022 21:00:44 +0000 https://www.opus.software/?p=15290 New business models in Open Banking have always been some of the greatest benefits of implementing Open Banking due to its high potential for encouraging innovation. The main idea of Open Banking is that customers own their banking/financial data and, therefore, authorize this information to be shared with other institutions participating in this ecosystem through […]

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What is Open Banking and how does it work? https://www.opus.software/open-banking/ Tue, 21 Dec 2021 20:07:02 +0000 https://www.opus.software/?p=15267 Open Banking is the true digital revolution of the financial market. With Open Banking, people authorize their financial data to be shared with fintechs or other institutions participating in the ecosystem. Canada’s Advisory Committee on Open Banking recommends starting the implementation in 2023. Open Banking works through open APIs, which is much more secure than […]

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