This document discusses open banking trends and issues. It notes that Exthand saw 2x more customers and projects in the last 6 months of 2022 than all of 2021. However, open banking implementation still has quality, availability, and technical issues to address. The document advocates moving beyond open banking to an "open me" model where consumers have access to their data across different sectors like banking, insurance, telecoms, and more. This would help fix issues with open banking and give consumers more control over their data.

1. Exthand, the most secure and scalable wayto connect yourbusiness to banks,worldwide.

2. Earthbeat of open banking.
10
AIS &PIS - 2019
13
+3
AIS &PIS - 2020
14
+1
AIS &PIS – 2021
14
-1+1
AIS &PIS - 2022
21
AIS& PIS - 2019
27
+6
AIS& PIS - 2020
29
+2
AIS& PIS – 2021
28
-1
AIS& PIS - 2022
Source:EBA – Euclid database

3. Earthbeat of open banking.
AtExthand:
2xmorecustomersandprojectsin thelast6 monthsof 2022thanin whole2021.
 Companiesdon’tgo for their ownlicense.
1. Companies(startupandcorporates)build productsandservices.
2. Theyuseaggregatorslike Exthandandusethelicense-as-a-servicemodel.
3. Theygo onthe marketandcheck their businessmodel.
4. Licensecomes afterward.

4. Earthbeat of open banking.
Clearly we seean increasein the new usagesand app based on
accountinformation or payment initiation.
BUT

5. Earthbeat of open banking.
Quality/Availability is not met (data).
Full servicesare not available.
SCA processshould be improved (customer defined).
Bankscomplain because it’s a freeservice.

6. Open finance?
Let’s fix open banking first.
Whybuildopenfinance ontop ofsomething whichis notworking properly?
OPEN BANKING
OPEN FINANCE
APPS
Technical issues
Technical issues
Technical issues
+
+
= crappy solutions.

7. How tofix it?
Theuntil nowway:
unhappy aggregator bank support fixed, some day.
Thenew natural way:
more apps  more usage  more unhappy bank customers  fix.

8. How tofix it?
Theuntil nowway:
unhappy aggregator bank support fixed, some day.
Thenew natural way:
more apps  more usage  more unhappy bank customers  fix.
Thecorrectway would be:
Enforce banking apps to use their own PSD2 APIs.

9. Open finance is too…

10. Open finance is too…
Restrictive.

11. Open finance is already
obsolete.
SimplycheckCDRinAustralia tobe sure of it.
CDRstandsfor ConsumerDataRights.
Technically, it’s the same, but the perception is totally different.

12. Let’s start “open me” ( ©almostcreatedbyExthand).
Open banking (v2, that’s Ok).
Open insurance.
Open telecom.
Open transportation.
Openfmcg.
Open energy.
Opendata (the ancestor).
Your personal data always accessible,
whatever the business,
whatever the location.

13. Why it might work?
Open bankingwouldbefixed.
Consumerwouldhaveclearly understoodwhataconsentis.
Consumerwouldsee, everyday,thebenefits ofcircularinformation.
And,on topofthat,bankswouldnotfeel aloneanymoreto freelyshareourdata…;)

14. is an “open-me” company.

15. Thank you.
Jean-Gabriel Debaille
jeangabriel@bankingsdk.com
CEO
BankingSDK is a product of EXTHAND
www.exthand.com