For entities operating in high-risk industries, embracing Open Banking presents specific opportunities but also significant hazards. Securely gathering customer banking records via APIs introduces possible exposures to fraud and information breaches . Therefore, these organizations must adopt rob

For companies operating in niche sectors and facing difficulty securing standard financing, open banking offers a promising opportunity. The technology, allowing third-party firms access to user data via consent, may facilitate a business's true financial health and boosts the prospects for consi