Open banking is revolutionizing the financial services industry by enhancing the way consumers interact with their banks. It allows third-party developers to build applications and services around financial institutions. This shift empowers consumers by giving them greater control over their financial data and access to a broader range of financial products. Understanding open banking and its implications can help you make informed financial decisions and benefit from new services that can improve your banking experience. [caption id="attachment_392" align="aligncenter" width="1920"] Understanding Open Finance and How It Impacts You[/caption] What is Open Banking? Open banking refers to the practice of banks and...