How Open Banking could make online transactions safer [Q&A]

We recently reported on how formjacking has become a popular and lucrative form of online fraud. It’s difficult for the consumer to detect which makes it a particular hazard. But in the UK the new Open Banking standard, aimed at making it easier for consumers to share financial data across organizations, could make formjacking and other frauds obsolete. We spoke to Luca Martinetti, CTO and co-founder of financial API provider TrueLayer  to find out more BN: Isn't open banking just aimed at increasing competition in the banking sector? LM: Open Banking is about much more than simply increasing competition. Fundamentally,… [Continue Reading]