Open Banking a Revenue Grower for Bankers

A new study released by Accenture says bankers now have high expectations for Open Banking as half of those surveyed expect it will help them grow revenues by 10 percent while a third think it will increase revenues by up to 20 percent. The study adds that commercial customers are just as enthusiastic as 35% say they already participate in Open Banking and another 42% plan to this year because they think it will provide more innovative processes and a better customer experience, especially in payments and cash management. Source.