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  5. Updated Open Finance Data Security Standard Gains Four More Supporters

Updated Open Finance Data Security Standard Gains Four More Supporters

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26 August 2022

“Trust is essential in the banking industry,” added Kieran Hines, principal analyst at Celent. “Accordingly, data security is at the heart of the open finance ecosystem. The OFDSS plays an important role in supporting the creation and adoption of new services by providing a clear and rigorous security framework for market participants to follow. This is to the benefit of banks, fintechs, and the customers they serve.”

More via The Fintech Times.

News article details

Industry
Corporate Banking, Retail Banking
Media Type
News Articles
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America