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OPEN ALL HOURS: Credit Unions could benefit significantly from Open Banking payments.
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- Author(s): CARR, DAVE1
- Source:
Credit Management. Nov2024, p38-39. 2p.
- Subject Terms:
- Additional Information
- Abstract:
The article focuses on the rise of Open Banking and its transformative potential for Credit Unions in the UK. Topics include the advantages of adopting Open Banking payments for enhancing service offerings, the role of third-party providers in facilitating seamless integration with existing systems, and the importance of member education to ensure confidence and engagement with new financial technologies.
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