According to a report by Which almost 92 percent of consumers have not heard of open banking; slow adoption by banks is one reason for the low numbers; another reason is many people have started to use non bank services for payments or other tasks, the term open banking is still relatively new; banks are starting to innovate, by building or partnering, and open banking will only help to push innovation forward. Source.
Contactless payments are on the rise as we all practice social distancing and self isolation to stop the spread of...
According to a new survey by Which? 14 percent of UK consumers found it impossible to use their card at...