What is an open banking payment?
Open Banking technology promises to change how we pay for things and how we manage our money, but what exactly are Open Banking payments?
The Wonderful team writes about Open Banking payments technology: from cost savings, security and settlement improvements, to third party integrations, fintech regulation and mobile apps.
Open Banking technology promises to change how we pay for things and how we manage our money, but what exactly are Open Banking payments?
Today we saw a great indicator of just how important and promising Open Banking is: HMRC has awarded a huge £3 million contract to Ecospend.
Feeling confused about what open banking is? Let us explain it in layman's terms so you can be clued up, impress your friends, and more importantly, make better financial decisions.