New Whitepaper

Open Banking is Transforming Digital Payments

Request Download:

* Denotes a required field

By ticking this box, you consent to receive further information on our products and services.

By ticking this box, you consent to receive further information on our products and services.<br><br>Please check your inbox to confirm your consent to receiving Direct Marketing.

By clicking on the submit button, you consent to receive communications from Equinix in relation to our products and services.

By clicking on the submit button, you consent to receive communications from Equinix in relation to our products and services.<br>[Required] Consent to collection and use of personal information:<br>- Purpose of collection and use of personal information: Provision of information and service-related newsletters<br>- Items of personal information collected: Company email address, first name, last name, company name, country, position, industry<br>- Period of retention and use of personal information: 3 years after service provision (however, if customer consent is withdrawn, it will be destroyed without delay)<br><br>You have the right to refuse consent, and if you do, it will be impossible to provide the services specified in the purpose of use above.<br><br>[Optional] Consent to collection and use of personal information:<br>- Purpose of collection and use of personal information: Telephone consultation regarding information provision and service-related newsletters<br>- Items of personal information to be collected: phone number<br>- Period of retention and use of personal information: 3 years after service provision (however, if customer consent is withdrawn, it will be destroyed without delay)<br><br>If you do not want to collect phone numbers, please do not select the [Select] checkbox.<br><br>Equinix collects and uses your personal information as described above.<br><br>We are doing our best to protect your personal information and comply with laws related to personal information protection. You have read and agree to submit to Equinix's <a href='https://www.equinix.com/about/legal/privacy'>Global Privacy Policy</a> and <a href='https://www.equinix.kr/about/legal/privacy/korea'>Korea Privacy Policy</a>.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

New open banking standards will lead traditional banks to transform themselves into cloud-based providers of digital services that meet growing consumer demands. See how new standards will impact different geographies and payment regimes.

Highlights

  • Third-party firms can build financial applications using a bank’s data and infrastructure using APIs
  • Businesses, banking and fintech are starting to invest in new technology to handle new forms of payment to keep up with consumer demands
  • New regulations are geared towards increasing innovation and collaboration between banks and fintechs so that customers have data security, transparency and choice.
The reason we have been growing so fast is because the world is moving online, but verifying identity has been stuck in the offline ... If you think the purpose of a bank is to connect borrowers and savers and centralise trust, we can decentralise the trust piece.
Husayn Kassai, Cofounder, Onfido (U.S.)