Security concerns persist over open banking

The Korea Times | Nov 10, 2019 at 6:45 AM
  • By Kim Bo-eun Over 1 million people signed up for open banking services in the first week after it was launched on Oct. 30, but security concerns linger.
  • Open banking enables users to check all their bank accounts on a single application and transfer funds with it.
  • While the open banking system enhances convenience for users, it poses security risks.