Open banking: Will it increase fraud and financial crime?

As open banking becomes mainstream, how will it impact fraud and money laundering?

Abstract squares
Radial circle

White Paper

Giving customers access to their accounts through third parties has become an important initiative of many countries, most recently Brazil and the United Arab Emirates. Regulators see this as a way of allowing competition between fintechs and incumbent banks. While the details and the goals may vary, there are common features across the different programs. Coupled with the development of immediate payments, it offers consumers and businesses a new way to take control of their money. What are the core components, and what does it mean for banking and payments and financial crime?

Download your free White Paper
FICO may send me news & updates via email.
I agree to the Terms and Privacy Notice.

Take the next step

Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.