Open banking is generally safer than the older alternative it replaced, apps logging in directly with your actual banking username and password. Instead, you grant a specific, revocable permission through your bank for exactly what data an app can see, usually read-only, and you can cut off that access at any time from your bank's side without changing your password.
Want the full method? See what is open banking and how does it improve cash flow visibility for what to check before connecting an account.
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