Open Banking APIs worldwide
A country-by-country guide to Open Banking APIs with analysis which regions are driving the global evolution of networked financial ecosystems.
Definition of Open Banking
Technology
Insights
Get an overview of the global development in Open Banking in our whitepaper. It is based on a classification of PSD2 and similar API projects in over 50 countries.
Download Whitepaper
Open Banking is the basis for implementing future business models from connected banking to digital ecosystems with partners.
Drivers are:
Already today, digital banks and fintechs rely on Open APIs to provide their customers with new customer-centric services. Those players initiate a trend to welcome innovations and increase competition.
Our study demonstrates how the banking market consequently opens up driven by regulators and market standards. More than 50 countries do have some form of Open Banking already. Besides the EU, there are 6 more countries that are right now developing regulatory requirements. More than 10 other countries are working on market standards for Open Banking.
“Using the ndgit Platform, we have implemented the first open banking system in Switzerland and can offer our customers a fintech ecosystem. Digital innovators can profit from our white label banking.”
ndgit Open Banking Platform
Nowadays Financial Services happen where ever users want it or need it – mobile, in cars, in stores, at marketplaces… a development which isn’t easy to cover inhouse by banks.
ndgit is a technology-driven company that delivers leading-edge API technology for FSI. Our Platform connects banks and digital companies. With our key technology enabling new digital business models we are driving the future of financial services.
The flexible middleware opens backend systems and connects the core banking system to best-of-breed FinTech APIs.
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