The New World of Data: Challenges and Opportunities for the Payments Ecosystem and Fintechs

March 2025

 

It’s not just about open data, it’s about open possibilities

The global economy is undergoing a transformation fuelled by the unprecedented ability to harness and mobilise data. Open data systems, standardisation, and regulatory frameworks are now emerging as the cornerstones of economic innovation and inclusion. The payments ecosystem, at the epicenter of this revolution, plays a critical role in enabling cross-border trade, financial inclusion, and technological advancements.

During a recent discussion hosted as part of the Insights Forum by GFTN, industry experts, policymakers, and
fintech leaders explored both the opportunities and challenges presented by open data. Key topics included regulatory fragmentation, interoperability, and the role of data in creating a more connected and inclusive financial ecosystem. 

 

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