Open Banking – The Brand , the Challenges and the Future

on YouTube ↗31m

" summary

Open banking is still early but already shows measurable effects: account aggregation plateaus after an initial surge with about 1.2 million users in the UK, while banks targeting developers publish scaleable platforms — one bank exposes 300+ APIs and onboards partners in weeks not months. Corporate Treasury APIs like City Connect 5–10% of traffic at one global bank enable ERP integration, and payments disruption is real — the top seven PSPs $350bn market cap built on API-first stacks.

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" chapters (7)

1. 0:00Start
2. 6:50OPEN BANKING & API ADOPTION FOR CORPORATES & SME IS GROWING RAPIDLY
3. 9:30DEVELOPER PORTALS ARE IMPORTANT BUT UNDERINVESTED
4. 12:34PLATFORM/ECOSYTEM PLAYERS ARE DOMINATING THROUGH APIS
5. 16:05DIGITAL FINANCIAL SERVICES MARKET PLACES ARE BECOMING POPULAR & CAN UNLOCK REVENUE POOLS
6. 18:2105 NON-FINANCIAL MARKETPLACES ARE OPENING UP NEW POSSIBILITIES & CUSTOMER TOUCHPOINTS
7. 21:54OPEN BANKING IS NOT ONLY ABOUT BANKS, OTHER SECTORS ARE PRIMED TO REAP THE BENEFITS

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