Given its innovative nature, it raises several points of attention for financial entities that should be properly understood by supervisors. Focusing on the strategic dimension, Open Banking is pushing intermediaries to develop and adopt new business models in order to extend revenue opportunities.
It is in the interest of all stakeholders to understand the key factors of the innovative approaches that prove to be successful.3 Let’s also look at new business models that could emerge from the digital platforms, namely technical infrastructures linking customers with financial institutions that are rapidly emerging as key actors in the financial landscape.