Exclusive Post Hong Kong willing to share financial details to get tailored banking services, finds findings


More than half of Hong Kong consumers are willing to share their financial data with third parties as their banks to offer more financial services, such as a better mortgage or savings rate, according to a survey by the consultant Accenture on Thursday. recording comes as the first phase of the Hong Kong Monetary Authority's new initiative – Open Application Interface – this week has come into existence. This allows developers access to banking data to create new integrated banking services.

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