At a global level, 65% of retail banks report that they have a clear strategy to engage with the open ecosystem, while 62% are generating commercial gains from these activities. 

Yet, for a bank, where are the opportunities to monetise open finance, and what can be learned from the experience outside North America? 

In this session, Celent would outline current attitudes to open finance among banks and some of the common barriers to adoption globally. 

We would also highlight current best practice when it comes to monetisation of open banking, in terms of common workflow improvements and new customer-facing services. 

To conclude we would provide recommendations for US-based banks to consider in their response to 1033.