Our Scans · Open Banking · Weekly Summary

• [New] Across the GCC, regulators and financial institutions are incorporating Open Banking in national initiatives in ways that reflect local needs and priorities while creating future opportunities for cross-border innovation and regional interoperability. Spare's blog
• [New] North America leads in platform monetization and fintech infrastructure, Europe benefits from open-banking and payments regulation, and Asia-Pacific is expected to post the fastest expansion through super-apps, digital wallets, marketplaces and SME platforms. DataMIntelligence
• If New York enacts legislation, it could catalyze a patchwork of state-level open banking laws. Consumer Finance Monitor
• 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

Last updated: 21 September 2026