Open banking investments and use cases
Are open banking investments growing? What use cases are financial executives in Europe most keen to pursue? Our third and final report for 2021 is out, with facts and figures on open banking investments and use cases based on our survey of financial executives across Europe.
In what probably comes as a surprise to no one – the pandemic impacted many financial institutions’ budgets, leading to an average open banking spend of €32 million across Europe.
That being said, 47% report open banking budgets are on the upswing in 2021 – which seems to track with our finding on the use cases front. A majority of bankers highlighted several opportunities as ‘very’ or ‘extremely’ important for their business.
So, where’s all that money going? It was a tight race, but payment initiation services stuck out as the top choice for 72% of executives. Out of the 14 use cases outlined in the report, the one that ranked lowest was still selected as a priority for 62% of respondents – which goes to show just how much interest there is, and for a wide range of opportunities.
The report also covers:
Which segments have seen a biggest increase in their open banking budgets
A deep dive into the use cases outlined in the report, and how priorities differ for some segments
How open banking is blurring the boundaries between industries, and giving rise to new market entrants
Check our report page for a deeper dive into the results:
More in Open banking
2026-08-11
8 min read
Beyond one rail: What the next chapter of Dutch payments means for merchants
As Dutch payments evolve beyond a single rail, merchants must rethink how they balance cost, risk, settlement speed, and customer experience. Learn how payment optionality, Pay by Bank, and multi-rail strategies can help future-proof your checkout and support long-term business growth.
Read more
2026-08-11
8 min read
Beyond one rail: What the next chapter of Dutch payments means for merchants
As Dutch payments evolve beyond a single rail, merchants must rethink how they balance cost, risk, settlement speed, and customer experience. Learn how payment optionality, Pay by Bank, and multi-rail strategies can help future-proof your checkout and support long-term business growth.
Read more
2026-08-11
13 min read
Building a PSP strategy for a multi-rail future
Dutch A2A payments are evolving. Discover how PSPs can help merchants navigate a multi-rail future with Pay by Bank, open banking capabilities, and value-added services that improve flexibility, reduce risk, and drive growth.
Read more
Get started with Tink
Contact our team to learn more about what we can help you build – or create an account to get started right away.
