Tag Archive: Open banking

Why aren't small businesses using open banking?

Why aren’t small businesses using open banking?

October 7, 2022 10:00 am Published by

AltFi’s Open Banking State of the Market Report 2022 shows that there’s a notable split between consumers and small businesses using open banking. The report shows that consumers make up 86% of open banking users and small businesses only make up 14% of users. But why is this the case