Open Banking in the U.S.

The concept of open banking allows third parties to access consumer bank accounts to perform payments and collect data, if the consumer agrees.

This article discusses the pros and cons of adopting open banking, and how banking in the U.S. would change if banks began implementing open banking.

To view this article, click the following link to access the original content.

https://www.forbes.com/sites/forbesfinancecouncil/2018/03/15/open-banking-what-u-s-banks-need-to-watch/#2d6178c72af9