May 20, 2025

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Banking

‘Rip-off’: App developer and Consumer say fees will stifle open banking and create roadblocks for start-ups

The change will make it easier and more efficient for his software to talk to the banks’ software through application programming interfaces or APIs. For Prosaic, it could suck down its customers’ account statements directly – a better and easier way to comb through things looking for tax-deductible expenses than its customers having to download

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