AFEPAME recommends reading the survey by the ACPR on “Open Banking in France.”

A comprehensive overview of the current state of affairs and a plea for open banking:

- “Open banking at a crossroads: regulators want to see further development, subject to the creation of technical infrastructure monitored and supervised by national authorities.”

- “The survey reveals that Open Banking represents an opportunity exploited both by FinTech companies—particularly specialized players—and by ‘traditional’ banking groups.”

- “The timeline of the creation dates of FinTech companies using French banking APIs shows strong growth from 2019 onwards, with a peak in 2020 and 2021, which seems to confirm the impact of PSD2 on the development of this market.”

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