Open banking allows the free movement of financial data by letting banks, financial institutions, and fintech businesses access your data with your consent. Although forecasts were high, the number of people actually using open banking falls short. Why? Open banking platform Nordigen CEO Roland Mesters finds that people simply don’t know much about it yet; not only do users worry that it might lead to identity theft, but a large part of the population is also completely unaware of its existence. Read full article here
