Five ways Open Banking will change the accounting profession

In association with
5th Dec 2019

Open Banking and PSD2 are likely to be game-changers for the accounting sector, with the new legislation creating a landscape where clients’ banking data can be freely accessed and
exchanged by a whole range of banking, fintech, accounting and financial providers.

The key to making Open Banking work for you and your clients is to make the most of the benefits offered, and to adapt your services in line with these new capabilities.

If your firm is ready to dip a toe into the digital banking waters, this guide will highlight five key ways in which the Open Banking revolution will benefit your firm and your customers.

We explore the benefits of Open Banking:

  • Increased efficiency
  • Real-time data
  • Better data security and quality
  • More time for value-add conversations
  • Deeper insights to drive advisory services
Five ways Open Banking will change the accounting profession

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