Payments powered by open banking also offer real-time credit transfers, guaranteeing the payment and enabling merchants to ship the product immediately—something that was previously impossible with traditional direct debits...
The race to emerge victorious in the digital age has opened a plethora of opportunities for technology to act as a catalyst. Application Programming Interfaces (APIs) could be that much-needed catalyst for the financial services industry, believe digital transformation leaders in Wells Fargo and Capgemini...