Compared to the early stages of open banking, what is the current industry emphasis shifting toward?
Answer
Refining the experience: making connections more secure, APIs easier to use, and the ecosystem commercially viable.
The maturation of the industry shows a shift away from pure development for initial compliance toward refining the overall experience, focusing on usability, security enhancements, and commercial viability.
Related Questions
What is the primary technical responsibility of a Solutions Architect in open banking?What dual expertise is required for a Product Manager in open banking?What specialized focus distinguishes an API Product Manager?What specific security implementation is key for Cybersecurity Engineers in this domain?What actionable task do Compliance Officers and Risk Managers perform regarding technology?What foundational knowledge provides transferable expertise across various open banking ecosystems?What dual capability is necessary for an effective Business Development Manager in open banking?Which specific roles handle the aggregation, normalization, and analytics of transferred transaction data?What is the core focus of Site Reliability Engineers (SREs) concerning the API gateway?What task defines the function of a Sales Engineer or Solutions Consultant?Compared to the early stages of open banking, what is the current industry emphasis shifting toward?