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Open Banking Gains Momentum: 42% of UK Firms Embrace Innovation to Combat Fraud and Boost Efficiency
RegTech (Regulatory Technology)

Open Banking Gains Momentum: 42% of UK Firms Embrace Innovation to Combat Fraud and Boost Efficiency

supportMay 19, 2025

A report by Payit, NatWest’s Open Banking service, reveals that 42% of UK businesses are considering Open Banking to improve security and reduce fraud. Challenges…

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