FiDA and Open Finance: When data becomes a competitive advantage
NEWS 01/2026
FiDA will be a major milestone on the path towards a digital, customer-centric open finance ecosystem. But open finance is much more than that – it is an overarching, long-term trend that is already well established in the market.
- The European financial sector is undergoing change
- FiDA as a regulatory framework for standardised data access
- Rethinking access to financial data
- Customer behaviour and market mechanisms are increasing the relevance of open finance
- New business models through API-based data exchange
- Open Finance: Already a success today
- FiDA opens up new possibilities for Open Finance
- Take action now: secure competitive advantages through an early data and API strategy
The European financial sector is undergoing change
A fundamental structural shift is emerging in the European financial sector, one that goes far beyond individual regulatory measures. With the Financial Data Access (FIDA) regulatory framework, the EU is driving a key component of this change, but the real driving force is the overarching trend towards open finance.
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