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More than 3 million people and businesses are using Open Banking-enabled apps and services in their daily lives. Open Banking is a huge step in the right direction towards Open Data; however, it only provides a thin-slice view of our finances. We still don’t have a holistic digital solution that allows us to view and manage our overall ‘financial health’ based on our unique lifestyle circumstances.
In this talk, I delve further into the proposed transition from Open Banking to Open Finance, discussing some of the possible opportunities and challenges on the journey.