Category: OpenBankingProject

Open Finance in International Comparison – Insights for Switzerland

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Open Finance is transforming the global financial industry and is becoming increasingly important in Switzerland as well. In the first part of our blog series, Stefan Knaus exam-ined the current state of Open Finance within Switzerland. In this second part, Friedrich-Philipp Wazinski takes the discussion beyond national borders.
How far have other countries come in implementing Open Finance? What lessons can be learned from international initiatives? And what steps must Switzerland take to ensure it remains competitive in the global marketplace?

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All, News, Nicht kategorisiert, Open Finance, OpenBankingProject, Regulations, technologies

A current look at Open Finance in Switzerland

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Open finance is becoming increasingly important in Switzerland, but is still at an early stage compared to other countries. A recent survey by OpenBankingProject.ch shows that the maturity level of open finance in Switzerland is currently rated as low to medium. At the same time, pressure is growing due to new European regulations (including PSR, PSD3, FIDA) and innovative business models, which will also influence the Swiss market in the long term. In this article, Stefan Knaus provides an overview of the current status, key challenges and the opportunities that open finance presents for the Swiss financial industry.

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All, Data, Digitization, News, Nicht kategorisiert, Open Finance, OpenBankingProject

Decentralized identities as enablers in open banking

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The digital transformation has profoundly changed the way banking services are used. Banking advice is no longer limited to visiting a branch – customers now expect a seamless, cross-channel experience when accessing banking products. Decentralized identities, also known as Self-Sovereign Identities (SSI), could play a crucial role in this and further change the relationship between banks and their customers. In this article, we will take a closer look at the most important aspects, challenges and opportunities of this development.

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All, Data, Digitization, Nicht kategorisiert, OpenBankingProject, technologies

Retrospective of the 11th member event of the OpenBankingProject.ch

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On November 13, the members of the OpenBankingProject.ch met for the eleventh time to discuss current developments in the field of open banking in Switzerland and to take a look into the future together. The event offered exciting insights into the latest advances and chal-lenges in the sector. In this blog post, the most important highlights and insights of the day are described.

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Data, Digitization, News, Nicht kategorisiert, OpenBankingProject, Regulations, technologies