Open Banking PTBR

13 Open Banking APIs State of the Market Report 2020 REGION: NORTH AMERICA (USA & CANADA) 25 OPEN BANKING PLATFORMS 121 OPEN BANKING API PRODUCTS 317 % ANNUAL GROWTH RATE USA & CANADA OPEN BANKING API PLATFORMS AND THEIR API PRODUCTS, Q3 2020 (N=25 PLATFORMS) PLATFORMS: 8 of the top 12 US banks by market cap (67%) have an open banking platform. Unlike other regions, the majority of U.S. banks with open banking API products are commercial or investment banks rather than retail banks. PRODUCTS: Reflecting this commercial bank base, the larger market cap banks with open banking API products offer a more diverse suite of products, enabling trading, loan approvals, credit card management, and identity management services. SUMMARY CANADA 5 7 USA 20 114 Platforms Products

• Cover
• About the Authors
• Foreword
• Executive Summary
• Global Open Banking Platforms and Products
• Region: EUROPE & SCANDINAVIA
• Region: UK
• Region: NORTH AMERICA (USA & CANADA)
• Region: LATIN AMERICA
• Region: ASIA PACIFIC
• Region: MIDDLE EAST & AFRICA
• Promising Practices from 20 Open Banking Leaders
• Fintech using open banking APIs can benefit everyone
• The Open Banking Fintech Ecosystem
• The viability of fintech
• Four models of fintech partnership
• Promising practices emerging from Fintech using Open Banking APIs
• The benefits of open banking for consumers
• Individual and household consumers
• Small and medium enterprises (SMEs)
• Enterprises
• Low income consumers, including small businesses, in higher income countries
• Is open banking helping the underserved?
• Open Banking Regulations in 2020
• Emerging Standards
• API Specifications
• API Standards
• Other common standards being used in API design
• Security as a first order concern
• Common technologies used in managing security of open banking APIs
• Building Resilience in an Age of Transformation
• Why open banking?
• Banks have avoided some emerging threats
• Meanwhile, 2020 has brought new threats to banks
• And some the key threats remain the same
• A shakeup is coming in the Age of Transformation
• Conclusion
• Acknowledgements
• Methodology
• References