1.0Open Banking API Platform - Basiqhttps://basiqio.wtdevsite.com/blogVictor Leunghttps://basiqio.wtdevsite.com/blog/author/victor-leung/rich600338<blockquote class="wp-embedded-content" data-secret="s9EA7sd3Ek"><a href="https://basiqio.wtdevsite.com/blog/comparing-open-banking-and-web-connectors/">What’s the difference between Open Banking & web connectors?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://basiqio.wtdevsite.com/blog/comparing-open-banking-and-web-connectors/embed/#?secret=s9EA7sd3Ek" width="600" height="338" title="“What’s the difference between Open Banking & web connectors?” — Open Banking API Platform - Basiq" data-secret="s9EA7sd3Ek" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://basiqio.wtdevsite.com/blog/wp-content/uploads/2022/11/10632_ComparingOB_webconnectors_1280x720_v4.jpg1280720Open Banking and web connectors (screen scraping) are two different ways that businesses can aggregate financial data from banks and other financial institutions to deliver their product to market. But what is the difference between these two methods?