The health crisis has expedited the shift of consumers towards digital technology, prompting the adoption of practices like online account opening and credit granting.

With the successful implementation of digital transformation, banks now face the task of establishing themselves as the go-to platform for online financial services. The Open Banking approach plays a crucial role in attaining this objective.

In parallel, following the implementation of Basel III regulations, financial institutions are increasingly focused on ensuring compliance with the Sustainable Finance Disclosure Regulation (SFDR). This entails addressing the technological complexities associated with the collection, traceability, and analysis of non-financial environmental, social, and governance (ESG) data.