"More banking services and less dependence on banks". How open banking is consolidating
Although it is not yet a resonant concept among consumers, "open banking" makes it possible to respond to a growing need of bank users: greater financial autonomy.
This is the premise that opens an opinion article by the CEO of nBanks, Orlando Costa, for Dinheiro Vivo. The manager reveals that in 2023 there will be 5 major factors driving the expansion of this financial technology in Portugal: (1) Fintechs, (2) Regulation, (3) Maturity, (4) New Directive in Europe and (5) Adoption in other geographies.
Access the Dinheiro Vivo text to know in detail the explanation about each of the topics listed.