Whitepaper

Open banking API calls – what lies ahead?

Key findings:
– By December 2020, the total number of monthly API calls across the EEA is expected to reach between 2.8bn (5% adoption rate) and 3bn (20% adoption rate); with Germany, France, the United Kingdom, and Italy all experiencing over 300m calls per month.
– By December 2021, Germany, France and Italy will join the UK in experiencing monthly volumes in excess of 500m (even with the lowest adoption rate of 5%).
– By December 2022, with our lowest projections of a 5% adoption rate, Germany and the UK should be experiencing monthly transaction volumes in excess of 1bn. If the adoption rate is as high as 20%, Spain, France, Italy and Poland will also experience monthly volumes in excess of 1bn.

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