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Data Sharing: Open Banking, Open Finance, and Smart Data

Central Banking at the Frontier

ISBN: 978-1-83797-131-2, eISBN: 978-1-83797-130-5

Publication date: 27 September 2024

Abstract

This chapter first reviews open banking, a key data sharing initiative promoted by various central banks and regulators around the world to help nudge competition, innovation and better financial services for consumers in the digital age. The chapter then reviews various models and approaches as well as key success factors of open banking, as well as the extensions of open banking into open finance in various jurisdictions.

Keywords

Citation

Moenjak, T. (2024), "Data Sharing: Open Banking, Open Finance, and Smart Data", Central Banking at the Frontier, Emerald Publishing Limited, Leeds, pp. 225-240. https://doi.org/10.1108/978-1-83797-130-520241013

Publisher

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Emerald Publishing Limited

Copyright © 2024 Thammarak Moenjak. Published under exclusive licence by Emerald Publishing Limited