The system of making all financial user data, such as credit, insurance, pensions, accessible to customers as well as third parties who intend to build solutions around the data.
The system of making financial and payments banking data to accessible to customers as well as third parties who intend to build solutions around the data.
A cybersecurity measure where users are granted access to portals or services after two or more layers of verification. These could be passwords, PINs, biometric factors, or secret codes or questions.