Is connected accounts the same as open banking?
Is connected accounts called open banking? I'm confused
Forum Discussion
Great question spowerdeen_23! I totally get how this can be a bit confusing.
Connected Accounts is what we call the place in Solo where all your bank data is securely stored and synced.
Open Banking is the secure system that allows you to share your banking data with trusted apps like Solo. It’s part of Australia’s Consumer Data Right (CDR), which gives you control over who can access your financial information.
Your bank enables Open Banking to help you seamlessly connect and manage your finances in Solo—making things easier and more automated for you! 🚀
