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What are some examples of Open Banking for Government Use Cases
The Use cases for government can roughly be broken into:<br/><br/>
i. Identity assurance for fraud reduction;<br/><br/>
ii. Account to Account Payment Initiation for reduced payments fees;<br/><br/>
iii. Reduced processing errors via enhanced transaction referencing capabilities;<br/><br/>
iii. Digital service transformation via Open Banking driven login and federated access to services;<br/><br/>
and,<br/><br/>
iv. Financial assistance and stewardship services for vulnerable customers.
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