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The future of banking is open

How to seize the Open Banking opportunity

Open Banking is here and will transform the way we are able to pay for goods and services and manage our finances. Open Banking creates a significant market opportunity and potential to disrupt the financial services landscape.

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Together with the Open Data Institute we have conducted extensive research into customer adoption and how the financial services ecosystem and technology firms are responding to Open Banking. Our report combines the valuable insights both from interviews with executives from leading financial services organisations, FinTechs, technology firms, regulators and industry bodies, and insights from surveys with over 1,000 retail and SME banking customers across the UK.

Our research and analysis highlights potential propositions and revenue opportunities enabled by Open Banking. We have also identified how market players can compete, attract customers, and seize the opportunities ahead.