Open Banking gives you the choice to let regulated third party providers, known as TPPs, access your bank account data
Third party providers can introduce you to new banking products and services. They could also give you a more detailed understanding of your accounts,
and help you find new ways to make the most of your money. Open Banking is designed to bring more competition and encourage innovation in financial services. Giving TPPs access to your account is completely optional.
If you use online or mobile banking with your checking account you can give TPPs access to your account information today.
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