Mastercard prioritizes data security in payment experience, launching a solution for safe financial data sharing. Users gain more choice and better service, while Mastercard supports open banking. Their Account Owner Verification service automates and simplifies customer bank account verification, saving time and money. This innovation empowers consumers to transact securely and seamlessly. Jess Turner, EVP of global open banking and API at Mastercard, emphasizes the importance of this step in Europe, enabling customers to use their data effectively.
Read more at The Fintech Times
Summary
Article Name
Mastercard Expands European Open Banking with New Product & Partnership
Description
Mastercard prioritizes data security in payment experience, launching a solution for safe financial data sharing.
Author
Susan Jane
Publisher Name
The Fintech Times
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