DeFi Daily News
Saturday, May 31, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi

rewrite this title Streamly Snapshot: The Real Reason Open Banking has Floundered in Europe – Finovate

Julie Muhn (@julieschicktanz) by Julie Muhn (@julieschicktanz)
March 13, 2025
in DeFi
0 0
0
rewrite this title Streamly Snapshot: The Real Reason Open Banking has Floundered in Europe – Finovate
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Open banking was expected to revolutionize financial services in Europe, but years after its introduction, adoption has fallen short of expectations. While regulation like PSD2 laid the groundwork for greater financial data sharing, the actual implementation of open banking has been fragmented, inconsistent, and underwhelming. Many financial institutions still treat open banking as a compliance exercise rather than an opportunity for innovation, leaving consumers and businesses with limited, disjointed experiences instead of the seamless financial ecosystem that was promised.

In this exclusive interview recorded at FinovateEurope 2025, David Barton-Grimley, Strategy Director at 11:FS speaks with Finovate VP Greg Palmer to discuss why open banking has floundered in Europe, the underlying issues slowing adoption, and what needs to change for it to deliver on its full potential. From poor API standards to a lack of clear monetization strategies, Barton-Grimley explores some of the underlying implementation issues and addresses how financial institutions can shift their approach to make open banking work for both consumers and businesses.

“Too often the conversation about open banking is very binary,” Barton-Grimley said. “Is it successful, and what does success even mean in this category? It is growing, and we are seeing year-on year multi-digit uptake of it as people are getting used to it and using it.”

11:FS is a digital financial services consultancy that helps banks, fintechs, and businesses stay current with changing demands. The company is known for its deep industry expertise, research, and advisory services that help financial institutions design and launch truly digital financial products. With a mission to make financial services “truly digital” rather than just digitized versions of old models, 11:FS works with some of the biggest names in banking and fintech to drive real innovation in open finance, embedded banking, and digital transformation.

As Strategy Director at 11:FS, David Barton-Grimley specializes in helping banks and fintechs navigate the evolving financial landscape. He has advised financial institutions on how to build better digital banking experiences and leverage open finance as a competitive advantage. At 11:FS, Barton-Grimley works closely with financial services leaders to develop and execute strategies that drive growth, customer engagement, and long-term success in an increasingly digital-first world.

Photo by Jeff Vinluan


Views: 26

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BankingEuropeFinovateFlounderedOpenRealReasonrewriteSnapshotStreamlytitle
ShareTweetShare
Previous Post

Disturbing Story: Man held hostage for decades, stepmom charged, police say

Next Post

rewrite this title Trump rhetoric wakes up the European defence industry – eToro

Next Post
rewrite this title Trump rhetoric wakes up the European defence industry – eToro

rewrite this title Trump rhetoric wakes up the European defence industry - eToro

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

May 6, 2025
Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

July 16, 2024
Tech companies are interested in nuclear power, but some utilities are blocking their progress.

Tech companies are interested in nuclear power, but some utilities are blocking their progress.

August 10, 2024
Why iPhones May Get More Expensive Amid Trump Tariffs

Why iPhones May Get More Expensive Amid Trump Tariffs

April 11, 2025
rewrite this title How Dublin’s Easter Rising Echoes Through Modern Ireland | Celebrity Insider

rewrite this title How Dublin’s Easter Rising Echoes Through Modern Ireland | Celebrity Insider

April 26, 2025
Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

July 16, 2024
rewrite this title Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF – The Daily Hodl

rewrite this title Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF – The Daily Hodl

May 31, 2025
rewrite this title and make it good for SEOElon Musk’s court fights to outlast his time at White House

rewrite this title and make it good for SEOElon Musk’s court fights to outlast his time at White House

May 31, 2025
rewrite this title Are Stablecoins Bank Deposits?

rewrite this title Are Stablecoins Bank Deposits?

May 31, 2025
rewrite this title What is the biggest win in a Champions League final as PSG thrash Inter?

rewrite this title What is the biggest win in a Champions League final as PSG thrash Inter?

May 31, 2025
rewrite this title NAACP calls on Memphis officials to halt operations at xAI’s ‘dirty data center’ | TechCrunch

rewrite this title NAACP calls on Memphis officials to halt operations at xAI’s ‘dirty data center’ | TechCrunch

May 31, 2025
rewrite this title Taylor Swift & Jack Antonoff Celebrate Masters Purchase By Recreating Viral Reputation Era Moment! WATCH! – Perez Hilton

rewrite this title Taylor Swift & Jack Antonoff Celebrate Masters Purchase By Recreating Viral Reputation Era Moment! WATCH! – Perez Hilton

May 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.