{"version":"1.0","provider_name":"Interac","provider_url":"https:\/\/www.interac.ca\/en\/","author_name":"Assaf Isaac","author_url":"https:\/\/www.interac.ca\/en\/author\/admin\/","title":"What is the future of open banking?","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"gvitm9U7zB\"><a href=\"https:\/\/www.interac.ca\/en\/content\/business\/video-what-is-the-future-of-open-banking\/\">What is the future of open banking?<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.interac.ca\/en\/content\/business\/video-what-is-the-future-of-open-banking\/embed\/#?secret=gvitm9U7zB\" width=\"600\" height=\"338\" title=\"&#8220;What is the future of open banking?&#8221; &#8212; Interac\" data-secret=\"gvitm9U7zB\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.interac.ca\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/www.interac.ca\/wp-content\/uploads\/2021\/05\/Debbie.Still001-4.jpg","thumbnail_width":1920,"thumbnail_height":1080,"description":"What is open banking? As with most things financial, it can be a complicated topic. But boiled down it\u2019s about giving a bank account holder the ability to securely grant a third-party service provider (such as a financial planning app) access to their account details and payment functions. Recently, access has been cobbled together by services using risky \u201cscreen-scraping\u201d practices that open web pages and simply copy all the text and numbers they find there. This approach creates security risks for both customers and financial institutions and threatens the trust that our financial system relies upon. Open banking would address this concern by utilizing modern API-based access methods, strong authentication, clear consent and the encryption of all information that should be kept private."}