What is happening in Open Banking?
INNOPAY monitors the developments of the Open Banking landscape with great interest. What is happening in the Open Banking landscape? Which banks have exposed APIs and what are their offerings? Through our Open Banking Monitor we share our insights and analysis with the community.
Our publications
A list of publications of the INNOPAY Open Banking Monitor can be found below:
- 06/2022 - "The current status of Open Banking – and a glimpse into the future"
- 12/2021 - "Open Banking Monitor update Q4’21: Banks are stepping up their game"
- 07/2020 - "Increasing API focus on business and community context"
- 10/2019 - "Banks moving beyond the PSD2 requirements"
- 01/2019 - "Let’s take a moment to make up the rankings and identify potential new “Masters in Openness”
- 07/2018 - "Mastering Open Banking: How the 'Masters in openness' create value"
- 02/2018 - "Who are the Masters in Openness?"
Want to know more?
Innopay's Open Banking Monitor assesses publicly available developer portals of banks with an Open Banking offering (beyond the mandatory scope of PSD2). If your bank is not included or if you're interested in our approach, send an email to info@innopay.com and let us know!
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In an article written by INNOPAY and recently published in Journal Payments Strategy and Systems (JPSS), the opportunities arising from FiDA, eIDAS2 and Data Acts are analysed, providing strategic considerations and key next steps for banks navigating the data economy. Here, we highlight six key points from the article to help banks ...
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The latest edition of the INNOPAY Open Banking Monitor report is now available, containing a round-up of Open Banking API offerings and developer experience features available from financial institutions across the globe plus a selection of articles summarising the major trends over the past year. Benefit from these insights into the key ...
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Open Finance is growing rapidly as financial institutions continuously launch new APIs and improved developer portals to extend third-party access to financial products, services and customer data. However, there is more to Open Finance than that. INNOPAY has developed a comprehensive model covering seven key dime...
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Marktführer bauen ihren Wettbewerbsvorteil weiter aus Digitale Mehrwertangebote im Bereich von Finanzdienstleistungen haben einen starken Aufschwung erlebt, der durch viele Faktoren beschleunigt wurde. Dazu gehören unter anderem regulatorischer Druck (zum Beispiel die PSD2), Veränderungen des Kundenverhaltens, die zum Teil auf COVID-...
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INNOPAY is pleased to announce its participation in The Paypers' highly anticipa...
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The Paypers has announced the upcoming release of its ‘Enablers of Embedded Fina...
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A whole year has passed since our previous update of the INNOPAY Open Banking Monitor, which means it is high time to take a new look at where the industry stands. This year’s update will cover the status quo of Open Banking globally, highlighting what steps banks have taken, which general trends can be identified, and whether these have ...
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Die COVID-19-Pandemie hat den laufenden digitalen Wandel weltweit beschleunigt. Das hat auch dazu geführt, dass Finanzverantwortliche in Unternehmen Möglichkeiten zur Digitalisierung ihrer Geschäftstätigkeiten prüfen und nach Chancen suchen, ihre Entscheidungsprozesse voranzutreiben und zu optimieren. Traditionelle digitale Kanäle sind je...
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Aus der neuesten Ausgabe des Open Banking Monitors von INNOPAY geht hervor, dass die etablierte Akteure in der Finanzbranche ihr Angebot weiterhin stärken, ihr Spiel verstärken und interessante neue Produkte im Bereich Open Banking herausbringen, während gleichzeitig auch neue Banken das Spielfeld betreten.
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Bestehende Player legen nach, neue betreten das Spielfeld
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INNOPAY hat Mounaim Cortet zum neuen Country Manager für die DACH-Region ernannt. Seit dem 1. Mai 2022 ist er für das operative Geschäft und die weitere Marktentwicklung in dieser Region verantwortlich.
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We are thrilled to publish a new update of the INNOPAY Open Banking Monitor (OBM)! Since our previous publication many things have changed, so the time has come to update the rankings and to take a closer look at some of the key developments. This sneak preview provides a snapshot of the efforts banks have made in expanding their API prod...
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The Open Banking Report 2021, which has just been published by The Paypers, foll...
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Online
Webinar for EBA members: Gearing the bank operating model towards digital and Open Banking readiness
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Open Banking ist eine Schlüsselkomponente in den digitalen Transformationsprogra...
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The rising importance of digital identity, consent management and data sharing has created a ‘Blue Ocean’ market for banks. We believe that they now have a unique opportunity to strengthen and truly safeguard their relevance in the data economy. But they need to start taking decisive action right now in order to demonstrate that they can ...
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Today we celebrate the first ‘birthday’ of the Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA). 14 September 2019 was the date that marked the go-live of key security requirements for third party access to payment accounts (XS2A). Since then, banks have been required to open up certain payment functionalities ...
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Die wachsende Bedeutung von Open Banking, digitaler Identität, consent management und Datenaustausch hat einen "Blue Ocean"-Markt für Banken geschaffen. Wir glauben, dass diese nun eine einzigartige Gelegenheit haben, ihre Bedeutung in der Datenwirtschaft zu stärken und wirksam zu sichern. Jedoch müssen sie jetzt damit beginnen, entscheid...
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Unser aktuelles Update des Open Banking Monitors zeigt, dass Banken, welche eine...
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Open Banking wird digitale Erfahrungen transformieren, um Kunden einen Mehrwert zu bieten und ihm Kontrolle über seine Daten zu geben.
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Keep an eye out for our upcoming blog on the latest INNOPAY Open Banking Monitor. We reflect on the status quo of the Open Banking landscape, discuss the new ‘Masters of Openness’ and explore what it takes to build, maintain and grow your Open Banking community.
The updated version of our Open Banking Monitor will cover:
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On Thursday 28 May, we are organising a webinar on Mastering Open Banking. What are the latest developments? What are examples of best practices? And what can we learn from the experiences of banks themselves?
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Erhöhung des Kundennutzens durch Open Banking, indem der Zugang zu Bankressourcen über Application Programming Interfaces (APIs) bereitgestellt und im Ökosystem optimal eingesetzt wird. Wir unterstützen Banken bei der Transformation von PSD2 und Open Banking. Finden Sie heraus, wie.
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Looking back on a much eventful year in Open Banking; various banks have updated their Developer Portal in the last quarter of 2018, either by expanding the Functional Scope, by offering more APIs, or by introducing tools and features improving the Developer Experience. Predominantly with the shared goal of attracting more end-customers, ...
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Towards the first pan-European Open Banking based scheme
Imagine you’re taking an Uber at the airport, get to your destination and while you’re getting out of the Prius … ping… you receive a push notification from your bank that says € 32,78 was debited from your payment account. The full Uber experience, but no cards or wallets needed.&...
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This article was first published by the Paypers in the Open Banking Report 2018.
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PSD2 has been an important catalyst for banks to open up. While many banks in Europe are still focused on making the PSD2 deadline of September 2019, we see some leading banks move beyond compliance and shift towards Open API Banking. In this emerging Open Banking play, banks start to understand that enabling secure access to custome...
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Senior bank executives are starting to understand that Open Banking will have ke...
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This article was first published in The Paypers which features thought leadership editorials from ecommerce and payments industry professionals.
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We all know by now that “XS2A” - access to payment accounts by third party providers (TPPs) - is going to happen in some shape or form under PSD2, but there is still considerable uncertainty. The transposition of PSD2 into national law is being delayed in twenty member states[1] and while the Regulatory Technical Standards on Strong Custo...
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The European Banking Authority’s (EBA) has published its long-anticipated draft Regulatory Technical Standards (RTS) on ‘strong customer authentication and secure communication’ on 12 August. The RTS are considered key to achieve the PSD2 objectives of enhancing consumer protection, promoting innovation through competition and improving t...
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