open banking

Defining Open Banking, Its Benefits, and Security Concerns

Ever since the digital revolution, so many aspects of our life have been digitalized. Some took the form of a website, others took the form of digital services, including banking and finance. Technological advancements also enable banks and other financial institutions to implement an open banking system. Definition The term “open banking” refers to a …

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sustainable finance

Sustainable Finance: Key Aspects and Its Importance

With the growing concern over climate change and climate-related disasters, humanity is racing against time to save our planet from further climate crisis without sacrificing our global economy, or vice versa. The proposed solution is to integrate sustainable environmental considerations into financial decision-making, adopting a sustainable finance approach. Definition The term refers to the process …

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