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by venantius
2869 days ago
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In Europe, PSD2 and the Open Banking initiatives provide this. All retail and commercial banks are required to provide open APIs to Account Information Service Providers or Payment Initiation Service Providers (the former being read-only, the latter read and write). Essentially you're talking about a delegated access / OAuth-style universe for banks and technology companies. It'd be great to see the US adopt something similar. |
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