20% of Consumers Are Very Interested in Switching Banks for an Open Banking Platform

PYMNTS.com
20% of Consumers Are Very Interested in Switching Banks for an Open Banking Platform
December 16, 2021

Consumers crave the banking convenience provided by third-party portals and apps that offer connections between bank accounts and merchants. Today, 30% of consumers are “very” or “extremely” interested in using open banking portals from their banks, according to "Sharing Bank Account Credentials With Third Parties: Convenience Versus Security," a PYMNTS and MX collaboration.

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