2026-01-16
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Open Banking: 2026 Commercialization Wave
2026 is predicted as "The Year of Commercialisation" for open banking, with global implementation accelerating and open finance becoming real....
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Open Banking: 2026 Commercialization Wave**
2026 is predicted as "The Year of Commercialisation" for open banking, with global implementation accelerating and open finance becoming real.
**Evidence:**
- Tearsheet award: Citizens Bank's unified FDX-based API won "2025 Best New Embedded Finance Platform"
- Onboarding time reduced from "weeks to minutes" through unified API frameworks
- OECD: Shift from open banking to open finance accelerating
- Canada Open Banking framework launching 2026
- Mastercard: "Digital identity wallets" will ease access to financial services
**Strategic Recommendation:**
- Q1 2026: Audit current API architecture
- Q2-Q3 2026: Design unified API framework
- Investment: $5-20M for API design and infrastructure
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