The Paypers Releases the Open Banking Report 2019
The Paypers has launched Open Banking Report 2019, which strives to offer the freshest and most robust insights into the global Open Banking landscape.
The 2019 report clarifies the role of key-players in a post-September 14th world and assesses how the landscape has shifted within Europe and beyond, highlighting trends that should shape the Open Banking industry in the year ahead, and looking at how regulatory changes and competition could influence the Open Banking ecosystem.
Structured in seven comprehensive chapters, the present edition of Open Banking Report offers a holistic view of a now-mature concept, going into particular areas such as the impact of Open Banking on payments, particular strategies taken by both banks and TPPs to adapt to regulatory and market requirements, new business models and propositions, the highly-debated issue of customer engagement and education, regulatory compliance, along with risk, security and SCA.
The Paypers started by comparing and contrasting different regimes and initiatives across the globe in order to fully understand how regulatory, technological, and financial innovation has evolved so far. The report contains some very useful educational insights and great contributions on several pivotal topics including the global state of play of Open Banking regimes, analyses on the opportunities presented by Open Banking, next-generation business models for insurers in an open data economy, or the challenges presented for TPPs in using XS2A.
Oana Ifrim, Senior Editor, The Paypers: “In addition to these topics, our report inquiries into consumer education, which is critical in facilitating Open Banking adoption. In the new Open Banking context, education must raise consumer awareness and understanding of what they are doing with their data, the functioning of consent mechanisms, and the risks and benefits of the new products and services.”
As it is our mission to inspire and progress industry dialogue, education and efficiency, Currency Research is proud to join this key initiative and act as an endorsement partner for this edition.
You can download a free copy here.
About The Paypers: The Paypers (www.thepaypers.com) is the Netherlands-based leading independent source of news and intelligence for professionals in the global payment and ecommerce community. Our products address ecommerce, payments, Fintech and fraud management professionals, as well as merchants, payment services providers, payment processors, merchant acquirers, banks, financial institutions, start-ups and technology vendors.