Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance
A new Juniper Research study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary growth rate of over 2,800% over the next five years will be driven by increasing user awareness of Open Banking......