The latest banking industry trends report

The most comprehensive breakdown of the banking industry: challenges, next steps, and the role of API integration.

The State of Open Banking 2019 | Cloud Elements

In recent years, Europe and the UK have been the bedrock of a new movement towards customer-centric banking. These regions have witnessed the dramatic rise of software companies designed with one purpose in mind: to create a new way for customers to do banking. 

To keep up, banks have embarked on the same journey by introducing similar types of digital banking solutions, designed to make their customers’ financial lives more productive and more seamless.

90% of financial services companies have an API strategy, and integration has become a critical factor in driving open banking strategy.

What does this mean for you?

Our 2019 State of Open Banking Report contains insights and predictions from chief executive officers in banking across innovation, technology, data, digital strategy, and product. The data collected from over 200 executives offers visualized trends and determines where the Open Banking industry is heading in 2019 and beyond.

Download the 2019 report to learn about industry trends and insights including:

  • The impacts of regulation and PSD2 legislation 
  • Where banks fall in their journey towards transformation
  • The role of API integration
  • Internal cultural issues 
  • The competitive landscape of Open Banking