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Open Banking is in the customer’s hands in the age of data breaches

December 5, 2018

Via: Finextra

Jon Roughley, director of innovation and strategy UK&I at Experian, explained that although it has “taken a lot of internal pain, data should not be trapped and consumers are now understanding that their personal information should be theirs to be used freely”.

However, other pain points exist around how different countries have introduced open banking and Mark Curran, director of payments and open banking at CYBG PLC, drew parallels between this and how travelers require different plug types when visiting different regions.

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