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New report from Mercator Advisory Group evaluates the worldwide expansion of open banking initiatives, reviewing approaches taken by each country including the API standards they embrace. Some countries have focused on payments, others on data exchange, while others have made data access a consumer right. -
EU open banking APIs are stabilizing and enabling alternative networks: A lesson the U.S. should pay attention to. Mercator Advisory Group evaluates the difficulties of standing up production level API platforms, identifies key workarounds that were needed to establish alternative payment network solutions, and provides six snapshots of these alternative payment solutions enabled by Open Banking APIs.
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