Breaking News
ebankIT launches “Innovate to Compete: Open Banking Report 2023”
ebankIT announces the launch of its new report “Innovate to compete: Open Banking Report 2023”, which details the ways in which open banking can help promote competition, drive innovation, and improve access to financial services.
The report states that European financial services companies spent an average of 32 million euros in 2020 on Open Banking goals, and 71% of executives now see open banking favorably, compared to 55% in 2019.
The report further illustrates the potential and benefits of Open Banking with a case study centered on the UK, which has 6.5 million active users of Open Banking-enabled products. As one of the leaders in Open Banking, the UK has a robust ecosystem that other nations, such as Brazil, have quickly copied to embrace open banking.
Renato Oliveira, CEO of ebankIT shares, “Open Banking has the potential to revolutionize the banking industry and create a more secure, transparent, and accessible financial system. This new report serves as a valuable resource for anyone looking to understand and navigate this new landscape.”
According to the report, 416 billion dollars are at stake as open data is taking over the world. This research aims to give financial institutions the necessary means to start their transition to open banking.
The report is available now and can be accessed through ebankIT’s website
People In This Post
Companies In This Post
- CLS Appoints Six New Board Directors Read more
- Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
- SumUp Launches in Canada Read more
- European Fintech Association Elects New Board of Directors Read more
- G+D: Navigating the Future of Fintech Agility and Innovation Read more
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements
FreeAgent, the innovative accounting technology company, has launched a new feature into its landlord software, enabling landlords and accountants to harness artificial intelligence to input and reconcile data from letting agent rental statements.
DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008
DIFC, the leading global financial centre in the Middle East, Africa and South Asia, launched the second report in its 2026 Future of Finance series.
UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens
UK financial institutions are expecting a decade of technology-led growth, with AI, emerging technologies and data now central to their expansion plans
Four Cantonal Banks Partner with Avaloq to Modernize Mobile Banking
The initiative is the result of close collaboration among four cantonal banks to jointly assess and select technology partners that best support their digitalization strategies while enhancing client experience. The project will see the banks migrate to Avaloq’s new mobile banking capabilities through a phased approach.
Hello Clever Wins Three Finnie Awards, Including Fintech Leader of the Year
Global real-time payments technology business Hello Clever has taken home three major awards at Australia’s annual Finnie Awards.
easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan
easypaisa digital bank has signed a MoU with Binance to explore the adoption and growth of emerging financial technologies
CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.
FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements
FreeAgent, the innovative accounting technology company, has launched a new feature into its landlord software, enabling landlords and accountants to harness artificial intelligence to input and reconcile data from letting agent rental statements.