OBM Q4 2021

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:

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Open Banking Monitor Report 2022.pdf

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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Navigating the data economy: key considerations for decision-makers in banking
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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Hot off the press: the new INNOPAY Open Banking Monitor report
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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INNOPAY’s 7 key dimensions of mastering Open Finance maturity
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Quo Vadis Open Banking in DACH?
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With financial institutions (FIs) playing a key role within the Embedded Finance value chain, assessing their Open Banking offerings is imperative to develop a comprehensive understanding of the breadth and depth of their services. These offerings serve as key enablers for emerging embedded business models in close collaboration with thei...
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Open Finance
Open Finance is an emerging paradigm in the financial services industry in which value creation results from sharing, providing, and leveraging access to data, products, and services through application programming interfaces (APIs). It is designed to develop more compelling, 'embedded' value propositions and experiences for cus...
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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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3 must-do actions for banks to achieve relevance in the data economy
In today’s data economy in which everything has become a transaction, future relevance for banks is no longer based on payments alone. To help senior executives of banks to start leveraging their Open Banking capabilities in this context, we recommend three must-do actions to  holistically address the components of a digital trust in...
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PSD2 RTS one year on: snapshot of a growing TPP ecosystem
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The future relevance of banks in the data economy
The rising importance of Open Banking, 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 ...
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Open Banking is set to transform digital experiences to add customer value and put the customer more in control of its data.
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Sneak preview of the INNOPAY Open Banking Monitor – May 2020
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WEBINAR: Mastering Open Banking
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? In this webinar, Karl Illing (director & country lead, INNOPAY Germany) and Mounaim Cortet (senior manager at INNOPAY) will p...
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Adding customer value through Open Banking by sharing, providing and leveraging access to bank resources through application programming interfaces (APIs). We support banks in their PSD2 and Open Banking transformation. Find out how.
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INNOPAY Open Banking Monitor: Banks moving beyond the PSD2 requirements
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Open Banking Monitor (OBM) 2019: let’s take a moment to make up the rankings and identify potential new “Masters in Openness”
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Seamless, Uber-like payments, brought to your bank account
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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Banks should open-up beyond PSD2 to deliver on the innovation promise
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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EBA RTS: Three key business implications for bank decision makers
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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