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Open Banking Market
by Vikas Chauhan Marketing Research Professional
The global open banking market size reached US$ 21.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 67.8 Billion by 2028.
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- Banking and Capital Markets
- Payments
- Digital Currencies
- Value Added Services
- Cloud-based
Review on Open Banking Market
Open banking involves the practice of sharing financial information electronically with third-party or independent financial service providers. The solution provides access to consumer banking information, such as transactions and payment history, from financial institutions using application programming interfaces (APIs). The technology delivers a secure network to share financial information between parties, making it easier for consumers to compare the details of accounts and other banking services.Related to Open Banking Market
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About Vikas Chauhan 
Marketing Research Professional
7 connections, 0 recommendations, 40 honor points.Joined APSense since, June 2nd, 2022, From Noida, India.
Created on Jan 29th 2024 03:08. Viewed 90 times.
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