Innopay's FinTech Magazine article on Open Banking

  • Vincent Jansen Shikko Nijland
  • ReportsAPIPSD2English content

Innopay has published an article on Open Banking in the FinTech magazine of the 'Financieel Dagblad'. The article is called: "Resharing data is the new 'apping'".

Ten years ago, no one had heard of ‘apping’, and now because of WhatsApp it has become indispensable. We have changed the way we communicate and, as a result, added ‘apping’ to our vocabulary as a verb. And a new word is coming already: resharing. Resharing will become the new ‘apping’ because resharing personal data will feel just as normal, easy and secure as communicating via WhatsApp. Technology makes it possible and legislation requires that consumers will be fully in charge of their personal data, regardless of where it is stored, by 2018. Banks and FinTech can play a key role in who gains access to personal (financial) data, who can use it, and who can add or reshare something. Resharing will become a new type of transaction service, this time not with money, but with personal data. 

Read the full article here.

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