Istanbul Financial Center (IFC), as the center of Türkiye's financial innovation, is a candidate to become an important player in the open banking ecosystem. The advanced infrastructure, wide range of services and international connections offered by IFC support the faster and more effective implementation of open banking applications.
Advantages of Open Banking in IFC
● Technological Infrastructure:Companies in IFC have the advanced technological infrastructure and expertise required for open banking. In this way, faster and safer financial services can be provided to customers.
● Broad Ecosystem:Banks, fintech companies and other financial institutions operating on IFC can collaborate to develop open banking solutions. This enables more innovative and comprehensive services to emerge.
● International Connections:IFC's global connections ensure that open banking applications are developed in accordance with international standards and best practices are adopted around the world.
● Regulation and Audit:IFC operates under strict regulations and audits. This enables open banking applications to be run securely and transparently.
Istanbul Financial Center (IFC), is a center that will make significant contributions to the development of open banking in Türkiye. With the joint efforts of companies and institutions operating in IFC, the open banking ecosystem will be further strengthened and better and more personalized financial services will be offered to customers.