What is Open Banking?

Open Banking enables the UnitPlus app to securely access data from various financial institutions. Within the UnitPlus app, users can transfer money directly without having to leave the application, making money transfers convenient and fast. The use of Open Banking requires secure authentication methods to access financial data. This ensures that users’ personal financial information is reliably protected. Advanced authentication technologies such as two-factor authentication help to further strengthen security. You can read more about Open Banking at the Federal Financial Supervisory Authority HERE.