Open Finance has the potential to transform the South African financial service sector. It can enable banks to access new revenue streams.
It can enhance the value proposition of fintechs, retailers and insurers by giving them power to build innovative business models. It can also help customers by improving the security and reliability of financial transactions.
It can power true data democracy
South Africa has joined the global community by actively exploring open finance. While regulators are diligently crafting regulations and strategies, we at Synthesis can assist you in staying ahead of the curve by embracing and strategising new business models.
Industry related articles and thought leadership on the topic of Payments
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