Our market research made us realise that 2021 follows an unprecedented year of developments and innovation and this calls for an update. The Paypers noticed an never-ceasing emergence and growth of new and existing players in the Open Banking ecosystem and we wish to stay on top of the industry in terms of gaining and sharing knowledge.
Financial institutions and businesses should welcome this global mapping and infographic as a most valuable resource because inside it we feature over 100 key Open Banking players (Europe, the UK, Asia-Pacific, Africa, the US, Canada, and Latin America).
Open Banking and data sharing act as a catalyst of innovation, sparking up the dynamics and competition which led to new players and business models to pop up across the globe. Financial institutions partner with players capable to provide the vision, tech, and expertise to drive new Open Banking use cases for consumers and businesses. This kind of strategic partnership is crucial in developing new revenue models, taking advantage of opportunities, and adjusting to disruptive business threats.