Amplify Open Banking Banking & Finance

Expert advice for open banking in North America – a Q&A video series

What is the Business Value of Open Banking for Financial Institutions?

Between regulatory moves in Canada and the United States and market dynamics that have been underway for several years now, North America is moving closer to open banking adoption. One promise of open banking is that anyone, from large banks to regional credit unions or fintechs, can participate in this open ecosystem on even footing.

So, how do you get there?

In our What’s Next series on open banking, we offer a series of bite-sized Q&A videos with Laurent Van Huffel, SVP Financial Services & Open Banking North America, Karen Holmes, Financial Services Industry Marketing Director, and Laura Heritage, Banking and Financial Services Director at Axway.

These industry experts answer frequently asked questions about open banking and insights on making it a success for financial institutions.

What is the problem with screen scraping?



See also: Capturing the embedded finance wave without screen scraping

What is the business value of open banking for financial institutions?



See also: Red ocean, blue ocean: opportunities for open banking APIs

Mentioned in the video: Open banking. The art of the possible in 10 use cases.

Is it better to buy or build an open banking solution?



See also: Open banking infrastructure: Buy or build it yourself?

How can I drive better adoption of my open banking APIs?



See also: APIs in financial services: keys to successful adoption


We hope these FAQ videos give you some additional confidence to take the next step in your open banking strategy. And we’re here to help you along the way.

Watch a 30-minute demo to learn how Amplify Open Banking helps the external fintech developer community easily find and use your APIs.