As open banking scales at record speed, the industry is hitting a new barrier: trust. In this article, Yaacov Martin, CEO and Founder of Jifiti, explains why soaring API traffic and deeper data-sharing networks have exposed retailers, lenders, and fintechs to new forms of third-party risk. With over half of breaches tied to vendor chains, even small missteps can undermine consumer confidence and stall embedded lending models.
Banks, he argues, now hold a strategic advantage. Their governance, supervision, and risk-management frameworks create the reliability real-time lending depends on. The future belongs to providers that combine instant experiences with bank-grade protection.
Read the full article on Finextra.
