1. Exthand, the most secure and scalable wayto connect yourbusiness to banks,worldwide.
2. Earthbeat of open banking.
10
AIS &PIS - 2019
13
+3
AIS &PIS - 2020
14
+1
AIS &PIS – 2021
14
-1+1
AIS &PIS - 2022
21
AIS& PIS - 2019
27
+6
AIS& PIS - 2020
29
+2
AIS& PIS – 2021
28
-1
AIS& PIS - 2022
Source:EBA – Euclid database
3. Earthbeat of open banking.
AtExthand:
2xmorecustomersandprojectsin thelast6 monthsof 2022thanin whole2021.
Companiesdon’tgo for their ownlicense.
1. Companies(startupandcorporates)build productsandservices.
2. Theyuseaggregatorslike Exthandandusethelicense-as-a-servicemodel.
3. Theygo onthe marketandcheck their businessmodel.
4. Licensecomes afterward.
4. Earthbeat of open banking.
Clearly we seean increasein the new usagesand app based on
accountinformation or payment initiation.
BUT
5. Earthbeat of open banking.
Quality/Availability is not met (data).
Full servicesare not available.
SCA processshould be improved (customer defined).
Bankscomplain because it’s a freeservice.
6. Open finance?
Let’s fix open banking first.
Whybuildopenfinance ontop ofsomething whichis notworking properly?
OPEN BANKING
OPEN FINANCE
APPS
Technical issues
Technical issues
Technical issues
+
+
= crappy solutions.
7. How tofix it?
Theuntil nowway:
unhappy aggregator bank support fixed, some day.
Thenew natural way:
more apps more usage more unhappy bank customers fix.
8. How tofix it?
Theuntil nowway:
unhappy aggregator bank support fixed, some day.
Thenew natural way:
more apps more usage more unhappy bank customers fix.
Thecorrectway would be:
Enforce banking apps to use their own PSD2 APIs.
11. Open finance is already
obsolete.
SimplycheckCDRinAustralia tobe sure of it.
CDRstandsfor ConsumerDataRights.
Technically, it’s the same, but the perception is totally different.