Open Banking Bandwagon
The RTN.Asia website reported that Wipro Limited has launched offerings that use the Open Banking API technological platform. Open Banking platform is a Europe-based standard that lets third party developers build applications and services that tap into a bank’s core services and infrastructure. “Open Banking is disrupting the bank industry with new business models and an open innovation culture,” said Krishnakumar N. Menon, Vice President, Service Transformation, Wipro Limited.
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