Open banking: Unleashing the power of data and seizing new opportunities

The insights in the paper are supported by extensive research, past work, and credentials, complemented by a survey to understand customer needs with 400+ respondents across age groups and population codes. To add some perspective, we also conducted interviews with multiple Financial Institutions (FIs), including banks and FinTechs, to understand their focus areas in the short medium and long term, as well as the challenges faced while implementing open banking, and their potential solutions.

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