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Transforming Finance: The Rise of API-Enabled Banking Ecosystems

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Open Banking marks a pivotal shift in the finance sector, facilitating API-based partnerships that extend the traditional boundaries of banking services. Initiated by the European Union's PSD regulation in 2007 and further propelled by PSD2 in 2018, this regulatory evolution has spurred unprecedented banking innovations. By mandating increased security and fostering collaboration, PSD... https://www.suntecgroup.com/articles/open-banking-paving-way-for-api-based-partner-ecosystems-to-create-value-beyond-traditional-customer-offerings/

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