The global market size for open banking accounted for $7,295 million in 2018 and is expected to reach $43,152 million by 2026, registering a CAGR of 24.4% from 2019 to 2026, according to Allied Market Research.
Open banking is becoming a significant source of innovation poised to reshape the banking industry. While many established banks and financial service organizations fear a potential loss in revenue, many others also see new opportunities for service and business model innovation by embracing the concept of open banking.
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Identify the opportunities in unleashing the true value potential and going from today’s legacy to embracing open banking.
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Understand the power of Enterprise Agility and API-first as the key levers for the bespoken transformative journey.
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Gather recommendations that can help decision-makers in this journey.
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