Open Banking: Strategies and Implementation

Banking will change dramatically with the advent of open banking. Customers, banks, and FinTechs will all benefit from its global implementation. The European Union, as well as the United States, Hong Kong, India and other countries, has already come up with the implementation framework and thought papers to implement open banking. PSD2, GDPR, open API 

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Impact of Open API economy and microservices on financial industry

The advent of open API economy has potential to unleash a new wave of changes in the financial services industry.  Bank Regulators are looking to drive better deals for the customers by generating more competition by innovating customer information sharing, transaction initiation, and payment mechanisms. Their efforts, along with changing customer sentiment, are creating both 

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