Commercialising open finance – a VCA report

1 min read|Published July 22, 2024
VCA/Tink open finance report

From increased customer engagement to enhanced credit risk decisioning, discover how open banking is revolutionising financial services in a new white paper from Visa Consulting & Analytics.

Open banking has yielded widespread adoption, but the opportunity goes beyond this:

  • Premium APIs are facilitating a widespread shift from open banking to open data economies.

  • Financial products previously limited to just bank-owned channels can be integrated into third-parties.

So, what does this mean for banks? They can tap into this space and unlock significant value and commercialisation opportunities.

Find out how in this VCA white paper, which Tink contributed to.

Click here to view an infographic showcasing some of the findings, and access the full white paper at this link.

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