Welcome to Mobey Forum’s podcast on the consumer demand for open banking services by:
Kashmera Self, Director, Innovation, Research & Emerging Solutions, Interac
Mario Brkić, Product Manager at George Labs, Erste Group Bank
Luis Rodríguez, Chief Product and Innovation Officer, Strands Finance
Discussion moderated by: Elina Mattila, Executive Director, Mobey Forum
Mobey’s Open Banking Expert Group created a consumer survey together with Aite Group to uncover consumer attitudes to open banking services in five European markets – the UK, Germany, Finland, France and Spain.
When posing the questions to consumers we wanted to avoid the term open banking, so the group came up with five use cases in open banking that have emerged or could emerge. These were:
- Account aggregation
- Pay by bank
- Purchase financing
- Identity check
- Financial product comparison
We asked consumers whether they would be interested in using these services, and if they said yes we asked them who they would prefer to be the provider of these services and if they said no, why not.
This podcast complements Mobey’s recently published report: