Open Banking in 2025: Emerging Trends and Future Forecasts
Open banking is a significant development that enables secure data sharing and collaboration between financial institutions, technology companies, and customers. It breaks down traditional barriers in finance by facilitating secure collaboration and data sharing between all stakeholders. As a result, this empowers customers, fuels competition, and drives innovation in financial services. As per estimates, the […]
Open Banking in France: Opportunities, Challenges & Recommendations
A briefing on the French ecosystem exploring the revised Payment Services Directive (PSD2), identifying potential avenues for progress, highlighting challenges and discussing recommendations for both fintechs and banks. Many countries across the globe have seen that the potential benefits of Open Banking are vast and far-reaching. Open Banking, by allowing financial institutions to share data […]
Open Banking & The Green Future of Payments
Consumers are demanding green payment options – representing a rare opportunity for the financial services sector to drive both growth and positive climate impact. At COP26, the 2021 United Nations Climate Change Conference, “mobilising finance” was designated as a key goal within the wider mission of achieving global net zero emissions by 2050. McKinsey later […]
How open banking will grow SMEs
Small and Medium Enterprises (SMEs) form the backbone of any economy. They are the driving force of innovation and employment generation, and thus, play a vital role in the economic growth of a nation. However, SMEs often struggle to access the financial resources they need to grow their business. Fortunately, open banking has emerged as […]
Evolution or Revolution? Preparing For The PSD3
It has been almost six years since the Second Payment Services Directive (PSD2) came into force and laid the foundations for Open Banking in the EU and UK. Now Europe is preparing for the introduction of a sequel to this game-changing regulation: the PSD3. However, this time the latest Payment Services Directive is accompanied by […]
A look at four of Australia’s Open Energy use cases
While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data. It started with Open Banking, moved onto Open Energy and is now taking aim at other industries too. Australia’s Open Energy programme went live with 20 energy […]
How open banking can help the public sector cut costs
Richard Newman, OBL corporate affairs director sets out some of the key opportunities and use cases for open banking payments and data across the public sector. Open banking is a simple, secure way to help consumers and businesses move and manage their money. Although it has been in use since 2018, the past two years […]