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Open Finance: what is it and how does it work?
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What does Open Finance really mean, how does it work, and why does it matter to you, as the consumer? Corey Thompson, Head of Digital, Retail Banking Group at Mashreq breaks down this area of soaring interest across the UAE, through his latest interview with EnterpriseAM UAE. He talks about the benefits of Open Finance - for banks, other financial ecosystem players and consumers, be it individuals or businesses. Addressing concerns about data confidentiality and security standards, he highlights
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