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Examples
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In this new world of “open banking,” lenders no longer need to settle for just the data that appears on a credit report. They can now analyze all of your day-to-day transactions, your recurring payments and deposits, and the trajectory of your account balance.
There’s a new way to get a loan — but it comes at a cost Michael Waters 2025
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Open banking is a financial services model that allows third-party service providers to access consumer data from traditional banking systems through application programming interfaces (APIs). This model completely changes the way financial data is shared and accessed by increasing transparency, competition, and innovation.
What is open banking and how does it work? | Stripe Authorization Boost 2025
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"Open banking" is, bluntly, a combination of laws and technology that allows you to give third party companies digital access to your bank information (like statements and transaction history).
ELI5 what is open banking, and why is it all the rage? DemandScary1934 2025
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