The Evolution of Open Banking: Adoption, Benefits and Consent
TransUnion partnered with Forrester to research the UK’s changing financial landscape and the value exchange of Open Banking.
The research shows that 99% of financial services firms expect to benefit from Open Banking through faster customer onboarding, time savings and improved customer experience. But only 28% of firms are currently adopting Open Banking. Why?
In this white paper, we take a look at the evolution of Open Banking since it was introduced into the UK marketplace, and the ways in which financial institutions and their customers can benefit from the huge opportunity it presents.
Download your copy using the form below to understand:
- Current adoption rates within the financial services industry
- The key benefits of Open Banking for consumers and business alike
- The challenges presented by Open Banking, and how to overcome them
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