What is the problem with screen scraping?
Screen scraping is the practice that gave many fintechs their start. A customer allows a third party app to use his or her credentials to log into their bank account as them, then a bot copies or “scrapes” the information. That information is then used to offer services like account aggregation or budgeting apps, and it has worked out pretty well so far. So what's the problem? In this video, Karen Holmes, Axway’s Open Banking Product Marketing Director, discusses some of the concerns with screen scraping and why open banking offers a better path forward for the secure sharing of financial data. Watch a 30-minute demo to learn how Amplify Open Banking helps the external fintech developer community easily find and use your APIs. https://go2.axway.com/NA-WBN-2023-07-25OpenBankingAmplifyDemo_LP-AX-Registration.html
