New research from Ovum suggests that delivering on the promise of Open Banking will require market participants to come together to:
,Mastercard has put together four offerings to help with this:
,Mastercard has already signed up several partners – including Kikapay, Streeva, Tribe Payments and Alior Bank – in the launch markets of Poland and the UK.
Jim Wadsworth, SVP, Open Banking, Mastercard, says: “Mastercard Open Banking Solutions will provide the sector with expert advice, leading-edge technological support and fills a gap that will provide peace of mind to end users, which in turn will support Open Banking adoption.”
Open Banking hs ben a hot topic at Money 20/20 Europe this week. Catch up on all the chatter here
