Open banking is powering forward in Europe, however open financing remains to be over the horizon

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Open banking has been making nice strides in Europe up to now few years, underpinning growing numbers of transactions in account-to-account funds, digital wallets, cash-flow administration and accounting techniques, funding platforms and extra. 

Open banking platforms, which facilitate third-parties, like apps, entry to banks’ APIs, are flourishing, with gamers like Plaid, Nordigen, Truelayer, Yodlee, Yolt, Moneyhub charging forward on this new house.

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