04 June 2019

The future of banking is open - How to seize the Open Banking opportunity

Written By PwC

The future of banking is open - How to seize the Open Banking opportunity

Open Banking creates a significant market opportunity and potential to disrupt the financial services landscape.

PwC and the Open Data Institute have conducted extensive research into customer adoption and how the financial services ecosystem and technology firms are responding to Open Banking. The 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.

The research and analysis highlights potential propositions and revenue opportunities enabled by Open Banking. It also identifies how market players can compete, attract customers, and seize the opportunities ahead.

Follow the link to read the full report.

 

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