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Salt Edge report: State of open banking payments in Europe in 2021
source link: https://fintechranking.com/2021/09/14/salt-edge-report-state-of-open-banking-payments-in-europe-in-2021/
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Salt Edge report: State of open banking payments in Europe in 2021
Noticing an increased appetite for open banking, especially for payment initiation services, Salt Edge has created a report that presents the current state of open banking in Europe, with a particular emphasis on payments. One might expect more things to have been achieved in these 2 years, yet Salt Edge identified interesting dynamics compared to 2020. The APIs’ quality and availability have greatly improved, with top 10 EU countries having rates ranging from 97.61% to 91.12%. While last year the communication between TPPs and banks was mostly one-sided, this year the results have been calibrated and most API requests have been replied to.
Read more: Salt Edge
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