Data portability in open banking

Open banking allows users to access financial information and services through consent-based data portability. This paper brings together the views of private public experts from a wide variety countries explore opportunities challenges open for regulation, privacy protection, competition. It discusses different approaches taken by jurisdictions across globe, importance regulation standards. While empowers in sharing re-using their digital services, online platforms, sectors borders, uncertainty interactions with protection regimes remains challenging. informs OECD work consider how cross-sectoral cooperation between financial, competition authorities could help further banking.