From Open Banking to Open Economy: What You Need to Know
summary
Claims that OpenBanking evolves into OpenFinance and then an Open Economy, with Axway framing this as a revenue play beyond payments. Cites PSD2 as the European catalyst, market stats: 85% used an emerging payment method, 73% use an OpenBanking app to pay invoices, and 79% know BNPL; NPS gap: Apple ~60–80% vs banks ~6–8%. Presents a delivered product: a Digital Service Marketplace built on Axway Amplify to package, orchestrate and publish APIs; vendor position claims seven years of market leadership and a demonstrated demo/video workflow.
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chapters (7)
- 0:00The next move from Open Banking to Open Finance
- 2:37What is Open Banking
- 4:33What is Open Finance
- 7:28The Wheel of Fortune
- 9:13How to build your own Marketplace
- 11:04What is Amplify
- 12:18Join our community
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