We Collaborated With the Emerging Payments Association on This Timely New Study
Chargebacks911 are official sponsors of Unleashing the potential of Open Banking, a fascinating, up-to-date new study from the Emerging Payments Association (EPA).
The COVID-19 crisis underscores the need for a strong digital economy. Now, more than ever, we need digital alternatives to free up choice and flexibility in the marketplace. That’s where the concept of open banking comes in.
This new report sets out to clarify the potential of the open banking opportunity, identify what might hamper its realization, and recommend what the community can do to unleash it. The report is presented in cooperation with EPA and their sponsors, including Chargebacks911, Mastercard, Token, and Revinitiv.
If implemented effectively, open banking may revolutionize the global marketplace. As EPA explains, this concept could “pave the way for payments to play a central role in enabling a transformative change in financial services in the UK and around the world.”
“I was very pleased for Chargebacks911 to be invited to help present this report,” says Chargebacks911 COO Monica Eaton-Cardone. “Digital banking is poised to be a truly transformative approach to finance and technology in the Twenty-First Century. It’s on the scale of the introduction of payment cards, in terms of how it might impact how we do business.”
Click here to download the full report and learn how open banking will impact your business.