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JPMorgan and rivals chase corporate gains from open banking

Demand grows for software that performs invoice approval, change vendor preferences and manage real-time payments

JPMorgan and rivals chase corporate gains from open banking
Photo: Getty Images

Open banking has largely flown under the radar of most investment bankers.

But despite the scheme’s origins in efforts to make retail banking more competitive, investment banks’ treasury services arms see open banking as a serious opportunity.

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