The United Kingdom is often regarded as a pioneer in Open Banking Operations. It’s been three years since the United Kingdom (UK) implemented the second payments services directive (PSD2), which required a few large banks to share consumer data with permitted third-party providers and startups. Furthermore, it permitted third parties to interact directly with banks with no involvement. 

Let us dig deep into the actual concept of Open Banking and what is the role of testing in streamlining various processes.