Article

FIDA data as the key: How innovative use cases open up new perspectives

Customer Magazin NEWS 03/2025

With the Financial Data Access (FIDA) Regulation, the European Union is setting a new standard for accessing and using financial data. Take a look at our white paper for exciting use cases and practical recommendations.
Hendrik BodeHendrik Bode
advises msg for banking in the area of banking & digital services commercial banks. In addition, as an expert, he heads the Open Finance Excellence Community, which focuses on topics such as open banking payments, IT security in open finance ecosystems, and open finance innovation.
Leonie BiebersteinLeonie Bieberstein
advises banks and financial institutions as an IT consultant. As an expert in msg for banking ag's Open Finance Excellence Community, she develops innovative, data-driven open finance use cases in collaboration with our partners, links open finance with the future topic of artificial intelligence and analyzes the innovative potential that FIDA regulation offers European financial institutions in this context.
18/12/25
734 views
4 minutes reading time
Open Banking, Regulatory Law
FIDA data as the key: How innovative use cases open up new perspectives

The financial world is facing a fundamental change: with the Financial Data Access (FIDA) Regulation, the European Union is setting a new standard for accessing and using financial data.

But FIDA is much more than just another compliance issue: it is the starting signal for an open European financial data space that will enable innovation and new business models.

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