New report release: Q3 2022 Open Banking/Open Finance Business Models and Use Cases
3 min read
At Platformable, we have just released our Q3 2022 open banking/open finance business models and use cases report.
Our August report includes data on API business models and pricing strategies being used by both banks and fintech as API providers. We also look at what audience segments fintech is being built for. Our profiles of Banco de Brasil, fena and Finansystech describe API products targeting government use cases, transparency in pricing strategies, and middleware solutions for fintech ecosystem builders.
Banks
Banks can reassess their own business model in comparison to their peers and learn about the type of solutions currently being built by third-party fintech. This understanding can increase future partnership opportunities.
Fintech Platform Provider
Fintech platform providers can stay up-to-date on business models and relationships between fintech and banks, in order to identify new market expansion opportunities.
API tool providers and consultants
API providers can track current open banking and open finance trends and stay informed on rising customer segments to identify possible gaps in the market for future solutions.
Regulators
Regulators can keep up with current open banking and open finance implementations. By looking into government use cases, they can determine the successes and ongoing challenges of frameworks within other jurisdictions.
Financial inclusion advocate
Financial inclusion advocates can study the audience segments for current fintech products to determine if APIs are actually enabling the creation of new products and if the products created are addressing the needs of the underserved.
