Open banking can help build an economy that works for everyone. Data is at the heart of every financial experience, from lending to money management to payments and beyond. It can also help the under-banked or those with thin or no credit files by providing easier access to financial services.
New payment options have emerged as money has become increasingly a digital or data-driven experience, and they are only expected to become more popular in the coming years.
Jess Turner, Executive Vice President of Global Open Banking and API at Mastercard talks payment choice and optimized digital experiences at American Banker.