Open Banking in 2026: A System Moving From Data Access to Infrastructure
What began as a regulatory framework for data access is now evolving into shared payments and identity infrastructure – enabling A2A payments, VRP and C‑VRP, and supporting a genuinely multi‑rail ecosystem.
In this blog, we explore how open banking is moving from the edge to the core of the payments stack, complementing rather than replacing existing rails. Cards, instant payments, wallets and A2A are increasingly orchestrated together, with identity, consent and data acting as the connective layer. As networks expand beyond single‑rail models, competitive advantage shifts from which rail to how rails work together.
The blog outlines what this transition means for banks, FinTechs, merchants and networks – and the capabilities needed to compete as payments become embedded, automated and quietly optimised in the background.
