The Paypers publishes the Open Finance Report 2024

The eighth edition of The Paypers’ Open Finance Report 2024 delves into the transformative impact of Open Banking and Open Finance on the global financial services industry.

This comprehensive analysis not only highlights the unprecedented potential of these innovations, but also provides a detailed examination of the key trends, challenges, and opportunities shaping the future of financial services.

Featuring insights from leading industry figures and an extensive global mapping of key players, the report serves as a vital resource for understanding the evolving landscape of financial technology.

Trustly Group chief executive officer Johan Tjärnberg and Alexandre Gonthier, chief executive officer of Trustly Inc, reveal how Open Banking is revolutionising consumer payment experiences, and FDX’s managing director Don Cardinal explores the expanding scope of Open Finance.

Mark Munson, divisional managing director at Moneyhub Payments explains how Smart Data improves payment experiences, while Open Banking Limited chief executive officer Henk Van Hulle highlights its critical role in supporting a data-driven economy.

The report also explores how Open Banking strengthens financial security and reduces fraud, with insights from Worldline’s senior product manager Henrik Hodam.

Elsewhere, understand how regulations, like FIDA, create opportunities through innovative use cases, as presented by Anne-Sophie Morvan and Alexandre Keilmann, chief commercial officer and marketing manager, respectively, at Open Finance provider LUXHUB.

Mike Woods, chief executive officer of Konsentus sets out the strategies for overcoming barriers to Open Banking adoption.

Other highlights include insights into the UK’s leadership in Open Banking payment adoption from Andy Wiggan, chief product officer at GoCardless, and an article by Vlad Macovei, senior editor at The Paypers, covering the recent developments in the US. Carmela Gómez Castelao, head of global Open Banking at BBVA, details Latin America’s unique journey to Open Finance.

The report also examines how Pay by Bank is driving secure, seamless transactions with insights from Ian Morrin, head of payments and platforms at Tink.

Download your free copy of the Open Finance Report 2024 here to uncover the latest trends and innovations shaping the future of financial services.