OPEN BANKING IMPACT REPORT 7

Our seventh Open Banking Impact Report demonstrates strong growth in the adoption of open banking across both data and payments, and reveals that 1 in 5 consumers and small businesses are now active users of open banking.

The report also shows that, for the first time, we are seeing consumer adoption catch up with business use.

We examine shifting trends in the thriving open banking ecosystem, and explore some of the underlying reasons for open banking’s continued growth.