Open Banking Ecosystem – Development, Opportunities & Challenges.

on YouTube ↗18m

" summary

Overview of global open banking shows two regimes: mandatory model (UK/EU/AU) versus market-driven model (SG/TW/HK) and Hong Kong moves to phase three: deposit account existence/status/balance/transactions with a regulator timeline. Banks report APIs cut paperwork and speed decisions — implemented use cases include real-time mortgage lead capture, instant onboarding for cards and loans via partner APIs, and banking‑as‑a‑service for Bukalapak and Shopee in Indonesia enabling instant accounts and point‑of‑sale loans. Phase three rollout timing and live commercial uptake determine impact.

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" chapters (8)

1. 0:00Introduction
2. 2:30Open Banking Models
3. 4:07Data Aggregation
4. 5:22SG Findex
5. 6:31Taiwan TDCC
6. 7:11HongKong
7. 8:10Phase 3 Scope
8. 15:58Conclusion

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