Invela CRO Jim Wadsworth's article in The Paypers delivers a clear-eyed diagnosis: open finance is scaling fast, but its defenses are dangerously fragmented. Third-party risk is thriving – from impersonation scams to data breaches, the ecosystem has both systemic vulnerabilities and accountability gaps.
Why read it? Because open finance won't be secured by sector-specific patchwork fixes. It will be shaped by those who build trust into the system – at scale, across jurisdictions, and in real time. This article offers a pragmatic blueprint for open finance risk management and ecosystem resilience.
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