Open Banking – what it means for businesses

Open Banking AccountsIQ

Open Banking allows for a more seamless, connected accounting process, where accounting software can integrate with other third-party providers to provide a one-stop solution for digital accounting.

Businesses which adopt Open Banking will gain hugely from automated processing, real time reporting and improved liquidity from faster settlement times.

In this five minute read, AccountsIQ’s COO, Darren Cran explains:

 

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