3min chapter

Mr. Open Banking cover image

Going Global

Mr. Open Banking

CHAPTER

Open Banking - The Foundation for the Digital Economy

Open banking has quickly grown into a global phenomenon, with regions around the globe creating similar standards bodies and consortia to discuss how best to adopt it. Many have moved into the harder parts of the problem, the building blocks gavin mentioned, consumer data rights, consent and liability. Young efforts like golfco am are trying to encourage international co operation around the development of standards. Make no mistake, the rise of open banking is goi change financial services forever - we will be covering that story every step of the way.

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