Field Notes focuses on market signals and strategic shifts we’re seeing across open finance. Product updates now live in our customer newsletter.
Open Banking isn’t a data-access problem anymore. It’s an execution problem.
Financial institutions have visibility. What’s missing is the ability to act.
Businesses make decisions in software, then leave that software to move money, open accounts, or access credit. That gap between logic and liquidity is why distribution remains slow, fragmented, and expensive.
This is why the next phase of Open Banking is Service Initiation—and why executing directly inside business software changes the economics of financial products.
Financial decisions are increasingly automated inside platforms, not handled manually.
Customers expect outcomes immediately after approval, not follow-up steps.
Margins are tightening, making delayed execution more expensive than ever.
The cost of friction now shows up directly in distribution and growth.
The commercial shift we’re seeing
Open Banking’s real opportunity isn’t faster onboarding. It’s what becomes possible after the first financial decision.
When execution is continuous, financial products stop behaving like one-time transactions and start behaving like relationships: priced, renewed, and expanded in real time. That’s where the commercial upside lives.
Instead of resetting the relationship at renewal, they evolve it. The same financial signals that support underwriting also inform repricing, early renewals, and eligibility for new products—triggered by actual business performance, not static reviews.
This is Open Banking as a growth engine, not an access layer.
