Open Banking Readiness Index: An in-depth pan-European study

We are delighted to offer you the chance to download the Open Banking Readiness Index: The Future of Open Banking in Europe, a new, ground-breaking study into the development of Open Banking in Europe.

Four years ago, the UK launched its Open Banking initiative, followed swiftly by the EU with its Second Payment Services Directive (PSD2) in January 2018.

Now we’ve joined forces with Mastercard, a global payments technology leader, to create the first in-depth study into how Open Banking is developing across ten major European markets.

Powered by our exclusive research and Mastercard’s global expertise in payments, the Open Banking Readiness Index: The Future of Open Banking in Europe offers a detailed analysis of where Europe stands in Open Banking today, including:

• A ranking for all ten markets (Denmark, France, Germany, Italy, Hungary, Norway, Poland, Spain, Sweden, the UK) according to their Open Banking progress;
• Common elements and variances in these markets’ approaches to Open Banking;
• The state of digital banking readiness in each of the ten countries;
• An assessment of the effectiveness of regulatory regimes in each country;
• The growth of account-to-account (A2A) payment schemes by market, and across Europe;
• How third-party providers (TPPs) are beginning to make inroads, both as Account Information Service Providers (AISPs) and Payment Information Service Providers (PISPs)
• The role of FinTechs in European Open Banking, both as service providers in their own right and as enablers for bank and non-bank products;
• Case studies drawn from each market illustrating progress towards Open Banking.

Open Banking has become a by-word for better service and security, as well as more choice for consumers. As our industry moves towards an Open Ban

king environment, embracing greater competition and more innovation, we at PCM are delighted to partner with Mastercard on this study, which is sure to both inform and generate discussion.

We look forward to engaging with you in this discussion about the future of our industry. Please download the study now and feel free to share your thoughts with us.

Sincerely,

Alex Rolfe,

Editor-in-Chief and Publisher,

Payments, Cards and Mobile