Our Scans · Open Banking · Weekly Summary

• Forward momentum will be shaped by the expansion of open banking mandates and the rollout of SEPA Instant across French financial institutions through 2033. Persistence Market Research
• Global open banking API calls are projected to grow from 137 billion in 2025 to over 720 billion by 2029. LEMFT
• Although implementation is expected by late 2027, the scale of change - particularly in fraud liability, licensing, and open banking-means firms should begin preparations now. Morrison Foerster
• Amazon and eBay's launches need to be a catalyst for Pay by Bank or it will remain a promising open banking capability that never fulfilled its potential. RedCompass Labs
• Open banking initiatives in 2026 represent a transformative shift from regulatory compliance to commercial viability, with API call volumes projected to surge by over 400% by 2029. CFA Montreal
• As open banking expands globally, A2A payments will become increasingly important. ATM Marketplace
• As Greek banks continue modernising their infrastructure, open banking is gradually creating opportunities in personal finance management, lending, payments and embedded finance. The Fintech Times
• The UK is moving open banking towards a long term regulatory framework, which will be overseen by the FCA. Cms
• Saudi Arabia's push through Vision 2030, SAMA's Open Banking Framework, and the rapid growth of digital payments are creating real opportunities for fintech operators, banks, SMEs, and investors alike. LinkedIn
• Open banking is expected to have a positive impact across the financial sector by strengthening collaboration between banks and fintechs, enhancing financial infrastructure and enabling the responsible use of customers' financial data within a secure, consent-driven framework. Pinsent Masons
• As regulators potentially mandate open banking standards, JPMorgan could lose exclusive access to customer data that currently provides competitive moats. Deep Research Global
• The FCA will gain new powers to regulate the future of Open Banking that will include underpinning the development of new Open Banking payments within commercial schemes. Bratby Law | Specialist UK Telecoms, Data and Payments
• HM Treasury will give the FCA new powers to regulate the future of Open Banking, including powers to underpin commercial open banking payments within commercial schemes developed by industry. Bratby Law | Specialist UK Telecoms, Data and Payments

Last updated: 03 August 2026