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Open Banking Future Entity Industry Evaluation Recommendation Report

2026

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AI-generated summary

1) This report evaluates proposals for a Future Entity to lead the Open Banking design phase, providing industry with a clear recommendation for the next steps.
2) * Evaluates proposals for the Open Banking Future Entity based on six key criteria: Governance, Industry Support, Technical Capability, Funding, Risk Management, and Operational Feasibility.
* Compares the strengths and weaknesses of two leading proposals: Open Banking Limited (OBL) and Smart Data Group (SDG).
* Provides a quantitative scoring and qualitative feedback summary from an Industry Evaluation Panel to inform industry alignment and decision-making.
3) Open Banking, Future Entity, Industry Evaluation, KPMG, Recommendation Report

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