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Potential API Tsunami Threatens South African Banks
IT News Africa - Mar 06, 2025
The number of third-party integrations for banks is projected to increase from 15 in 2024 to 35 in 2030. UK banks have been sharing APIs since the implementation of PSD2 in 2018, while the US will require banks to share customer data starting in 2026.
ThoughtMachineConsumer Financial Protection Bureau (CFPB)Financial Sector Conduct Authority (FSCA)FutureBankIDC
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