The Role of Open Banking in Loan Origination System - ArkMind

The role of Open Banking in Loan Origination Systems

I. Introduction Open Banking has emerged as a game-changer in the financial industry, enabling customers to share their banking data securely with authorized third-party providers. At its core, Open Banking involves the use of APIs (Application Programming Interfaces) to allow banks and financial institutions to share data with each other and with third-party providers. Simply …

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