As more markets adopt open banking — which mandates banks to open their systems to third parties — it will be increasingly critical for banks to ensure the security of not only their networks, but those of their ecosystems partners as well, according to a report from Accenture that predicts key technology trends in banking over the next three years. Trust and security posture are becoming important considerations of ecosystem partners While consumers trust banks to securely hold their data, maintaining that trust as the industry shifts toward open banking will require banks to strike the right balance between robust security and easy-to-use customer experiences.

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