skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration


In order to understand how the industry is responding to the opportunities of open banking, Ovum conducted a series of interviews with leading thinkers and market participants from across the value chain.


  • Where the industry has become particularly focused is APIs that go beyond basic regulatory requirements. It is here that banks see the opportunity not just to support the launch of a new wave products and services, but to generate revenue.
  • One of the biggest changes that open banking drives is the emergence of developers and TPPs as a new customer base. The usability, accessibility, and breadth of APIs and developer services will be a new competitive battleground.
  • Analysis of the registrations under PSD2 from the national competent authorities (NCAs) in Europe shows that, of the non-bank TPPs registered by the end of June as either an AISP, PISP, or both, 63% are UK-based.

Features and Benefits

  • Optimize your open banking strategy by understanding how peers and competitors are focusing on the opportunity.
  • Understand the degree to which dispute resolution and customer confidence will be integral to building out a successful ecosystem.
  • Learn where enhancements to security will need to come in the future, if open banking is to be successful.

Key questions answered

  • What are the barriers to the adoption of open banking at scale?
  • Where are the opportunities for banks to generate revenue?
  • Which European markets have the biggest pool of TPPs?

Table of contents


  • Catalyst
  • Ovum view
  • Key messages


  • Recommendations for enterprises
  • Recommendations for vendors

Open Banking in 2019

  • The industry conversation has evolved from a short-term focus on compliance to long-term commercial opportunities

Delivering on the potential of open banking needs new thinking in three key areas

  • The success of open banking will rest on it being largely invisible to end users
  • The users of open banking-enabled services need to operate within a trusted framework
  • Developers and TPPs need greater standardization and a clear framework to operate in
  • For financial institutions, security and clarity over how to resolve disputes remain the biggest challenges


  • Methodology
  • Further reading
  • Author

Recommended Articles


Have any questions? Speak to a Specialist

Europe, Middle East & Africa team: +44 7771 980316

Asia-Pacific team: +61 (0)3 960 16700

US team: +1 212-652-5335

Email us at

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Email us at

Contact marketing -

Already an Ovum client? Login to the Knowledge Center now