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Harnessing Open Finance for Competition and Financial Inclusion

BY and | August 26, 2025

Open Finance enables secure, consent-driven data sharing among individuals, financial institutions, third-party providers and platforms, offering financial authorities a powerful regulatory framework to shape more competitive and inclusive financial markets....

Open Finance enables secure, consent-driven data sharing among individuals, financial institutions, third-party providers and platforms, offering financial authorities a powerful regulatory framework to shape more competitive and inclusive financial markets. Drawing on CGAP research and country experiences from Brazil, India, and the UK among others, the article identifies six policy levers: clear objectives, reciprocity, inclusive participation, proportional regulation, pricing and governance,

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