About Yapily

Yapily 2022

Closing remarks

About Yapily

It’s clear that open banking has continued to accelerate across Europe over the last 12 months, with the implementation of regulatory standards, consumer adoption of domestic instant payment methods, and increased levels of bank integration propelling us on our journey towards open fi nance.

However, as the ecosystem continues to evolve, there are several challenges and

opport unities on the horizon. It begins with improved collaboration between banks, governments, regulators, and TPPs at the local and EU level to address a lack of standardisation, and inconsistent levels of regulatory oversight and enforcement potentially stifl ing growth and innovation.

Beyond this, we must collectively turn our att ention to open fi nance to allow access to customer data beyond the scope of PSD2.

Only then can we move towards the open economy of the future.

Yapily is an open banking platform, allowing companies to seamlessly access fi nancial data and initiate payments. Designed and built for open fi nance, our mission is simple: to become the central nervous system of the global economy. We are the European market leader in open banking infrastructure, enabling our customers to create bett er and more accessible fi nancial services and products for everyone. We work with industry leaders including the likes of American Express, Intuit Quickbooks, and Vivid. Headquart ered in London UK with offi ces in Germany and Lithuania, we employ over 200 people and continue to scale rapidly across Europe and beyond.

Open banking has continued to accelerate across Europe over the last 12 months... propelling us on our journey towards open fi nance"

Curious about how open banking can unlock your business potential? Get in touch with our team to fi nd out how we can help at yapily.com/get-start ed

Yapily 2022