Insights

The Ozone Layer – Is open banking rocket fuel for the challenger banks?

#
Structure

In this episode of the Ozone Layer, we talk to Diane Brocklebank who leads the Prepaid Internal Forum. An industry association representing many of the challenger banks, fintechs and smaller financial institutions who are looking to grow rapidly. Often at the expense of the biggest banks.

We talk about whether open banking is a massive opportunity or headache, what are the use cases that are gaining traction and what is coming next.

Recommended articles

Resources Insights

Selecting an Open Banking Platform: A Guide for Banks and Financial Institutions

Are you a bank or financial institution looking to select an open banking platform for compliance and commercial purposes? Here are a few considerations to guide you through the process.

Nihal Abughattas
06, Jan 2025
Insights

The Open Banking Vision: Unlocking Opportunities for 2025 and Beyond

Open banking is revolutionising finance worldwide, unlocking opportunities for innovation, collaboration, and better consumer experiences. As we approach the end of 2024, we share what our vision is for open banking in 2025 and beyond.

Shannon Dudley
23, Dec 2024
Letter to CFPB from Ozone API
Insights

Unlocking Open Banking in the United States: Ozone API’s Support and Recommendations for the CFPB on the Personal Financial Data Rights Rule

The CFPB’s new Personal Financial Data Rights rule marks a historic step for U.S. open banking, empowering consumers with control over their data and enabling secure third-party access. At Ozone API, we fully support this direction and have shared our insights with the CFPB, recommending a standardized security framework, certification processes, and service initiation to strengthen the open finance ecosystem.

Eyal Sivan
05, Nov 2024