Nocashevents Financial institutions cautiously optimistic about Open Banking opportunity – research

Financial institutions cautiously optimistic about Open Banking opportunity – research

New research published by Open Banking platform Tink has revealed that European financial institutions still have significant concerns about Open Banking impact, according to thepaypers.com.Two fifths (39%) see Open Banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be reduced as a result of Open Banking. Nevertheless, the report – based on a survey of 269 senior decision makers in […]