Wire · regulatory
Open Banking Was The Warm-Up. Open Finance Is The Real Fight.
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Fusion42 · 26 August 2026 · Fusion42 review
Open banking is limited to payment account data sharing, while open finance extends data sharing and action initiation across multiple financial products such as savings, pensions, and insurance. Despite frameworks existing in many jurisdictions, few have implemented open finance regulations due to structural issues across multiple regulators.
This Wire brief sits within Fusion42's coverage of Fintech and Banking Infrastructure.
◆ ◆ The Wire takeaway
You must start building cross-product finance capabilities now to gain an edge before open finance regulations fully take hold. Waiting for frameworks to mature leaves your business behind while others claim early market advantages.
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1 source · 26 Aug 2026
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