What will unlock open banking?
Last night, I was delighted to host a panel at Open Banking Excellence, entitled “What will unlock open banking?”
It was a great panel and a fantastic discussion – see my introduction below:
For more information about Open Banking Excellence, please visit: https://www.openbankingexcellence.org/
In September 2024, I published Global Interoperability, making the case that open finance would only deliver on its promise if the underlying plumbing was standardised globally, not just market by market. Eighteen months later, the landscape has changed considerably. More markets. More data. More urgency. Three arguments from that piece have aged particularly well, and...
On April 7, 2026, Colombia formally mandated Open Finance participation for all supervised financial entities via Decree 0368. This article breaks down what the decree requires, what makes its consent and cost recovery models distinctive, and what financial institutions should be doing right now to stay ahead of the implementation timeline.
Canada's Consumer-Driven Banking Act received Royal Assent on March 26th. Eyal Sivan, GM for North America at Ozone API and host of the Mr. Open Banking podcast, breaks down what the legislation actually settles, where Canada sits relative to other markets, and what banks and credit unions should be doing right now.