DiscoverFinance Tech Brief By HackerNoonFrom Data to Decisions: Harnessing Open Banking for Enhanced Business Performance
From Data to Decisions: Harnessing Open Banking for Enhanced Business Performance

From Data to Decisions: Harnessing Open Banking for Enhanced Business Performance

Update: 2024-08-02
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This story was originally published on HackerNoon at: https://hackernoon.com/from-data-to-decisions-harnessing-open-banking-for-enhanced-business-performance.

Explore the transformative power of open banking and how it enhances business performance by leveraging shared customer data through secure APIs. Learn how open

Check more stories related to finance at: https://hackernoon.com/c/finance.
You can also check exclusive content about #open-banking, #data, #security, #data-security, #what-is-open-banking, #good-company, #data-sharing, #the-power-of-open-banking, and more.




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Open banking has revolutionised the financial landscape, compelling traditional banks to open their data troves to third-party providers through APIs. This pivotal shift, mandated by Europe's PSD2 directive, is paving the way for a wave of innovation in areas like payments, lending, and budget management.

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From Data to Decisions: Harnessing Open Banking for Enhanced Business Performance

From Data to Decisions: Harnessing Open Banking for Enhanced Business Performance

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