Open banking continues to evolve with increased adoption of open APIs, enabling seamless data sharing between banks and third-party fintech. Enhanced security measures and regulatory frameworks ensure customer data protection. New applications emerge, from personalized financial management tools to innovative payment solutions, expanding customer choices. It powers new ways for consumers and businesses to access a wide range of financial services, all built on secure systems from regulated providers.
Coforge has supported its customers to gain control of their transaction data, and benefit from low friction, high security, financial interactions through open banking. In the financial eco system we support all types of data i.e. Account Data, Product Data & Payment Initiation.
Coforge has expertise and experience in the most advanced and latest software tools for Open Banking and we are the global leader in providing open API solutions to Banks and especially for Fintech/startups. With the help of these API solutions bank's financial data are more secure when they share the data or take the services from the third-party vendors for various purposes i.e. financial and non-financial.
