Introducing

Payments Centre of Excellence

About

Open Finance

Open Finance has the potential to transform the South African financial service sector. It can enable banks to access new revenue streams.

It can enhance the value proposition of fintechs, retailers and insurers by giving them power to build innovative business models. It can also help customers by improving the security and reliability of financial transactions.

It can power true data democracy

South Africa has joined the global community by actively exploring open finance. While regulators are diligently crafting regulations and strategies, we at Synthesis can assist you in staying ahead of the curve by embracing and strategising new business models.

Below are some of the uses cases powered by open finance:

Contact us today to let us show you how we can make Open Finance work for you.

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