The Open Banking revolution needs flexible API connectivity

It is estimated that the Open Banking services market was worth $16.14 billion at the end of 2022, and project year-on-year growth of 26.8% out to 2030 to reach $1.34 trillion by the end of the decade.

Already being implemented in many markets around the world, Open Banking promises to revolutionise customer choice, convenience and security over the next decade.

It is already having a dramatic effect on consumer finance, with services such as instant payments, credit scoring, refunds and subscription payments being implemented from China to Norway. Only in the UK, there were 21 million Open Banking payments per month last year, growing at 10% each month.

Find out more. Download the white paper now.

This White Paper is written by Payments Cards & Mobile on behalf of BPC. To find out more about our Products and Services contact us today:

Alex Rolfe – Managing Director
alex@paymentscm.com

Wendy Sanders – Business Development Director
wendy@paymentscm.com