Global perspectives on open banking: Regulatory impacts and market response

IF 5.4 2区经济学 Q1 BUSINESS, FINANCE

Journal of International Financial Markets Institutions & Money Pub Date : 2025-04-15 DOI:10.1016/j.intfin.2025.102159

Erdinc Akyildirim , Shaen Corbet , Abhishek Mukherjee , Michael Ryan

引用次数: 0

Abstract

This study investigates the adoption of open banking across several diverse global jurisdictions, focusing specifically on regulatory and market implications. Employing a comparative analysis, we examine the dual nature of open banking as both a regulatory framework and a technological innovation, exploring how different regulatory approaches shape its implementation and market reception. Results indicate significant variation in market responses to open banking announcements, presenting evidence of the underlying factors driving these disparities, such as the role of regulatory environments, technological infrastructures, and bank size in shaping market reactions.

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开放银行的全球视角：监管影响和市场反应

本研究调查了全球多个不同司法管辖区对开放银行业务的采用情况，特别关注其对监管和市场的影响。通过比较分析，我们研究了开放银行作为监管框架和技术创新的双重性质，探讨了不同的监管方法如何影响其实施和市场接受程度。结果表明，市场对开放银行业务公告的反应存在显著差异，并提供了推动这些差异的潜在因素的证据，如监管环境、技术基础设施和银行规模在影响市场反应方面的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Financial Markets Institutions & Money Multiple-

CiteScore

6.60

自引率

10.00%

发文量

142

期刊介绍： International trade, financing and investments, and the related cash and credit transactions, have grown at an extremely rapid pace in recent years. The international monetary system has continued to evolve to accommodate the need for foreign-currency denominated transactions and in the process has provided opportunities for its ongoing observation and study. The purpose of the Journal of International Financial Markets, Institutions & Money is to publish rigorous, original articles dealing with the international aspects of financial markets, institutions and money. Theoretical/conceptual and empirical papers providing meaningful insights into the subject areas will be considered. The following topic areas, although not exhaustive, are representative of the coverage in this Journal. • International financial markets • International securities markets • Foreign exchange markets • Eurocurrency markets • International syndications • Term structures of Eurocurrency rates • Determination of exchange rates • Information, speculation and parity • Forward rates and swaps • International payment mechanisms • International commercial banking; • International investment banking • Central bank intervention • International monetary systems • Balance of payments.