Japan is one of the largest banking markets in the world. However, the open banking and API landscape in Japan has had a slow introduction and does not seem to be progressing as expected. In terms of fin-tech investments and development it is not moving as fast as China, USA or UK.
Japan’s regulator, Financial Services Agency has aimed to ride the global open banking wave and implement services to drive the local open banking and fin-tech innovations since 2017. Implementation of open banking components among Japanese companies still remains voluntary. Watch this complimentary on-demand webinar, where Forrester analyst, Meng Liu talks about the open banking regulatory initiative, market challenges and future trends.
Review of the status and future of open banking in Japan
Actionable advice from best open banking business models in Japan
Impact of open banking on banks and non-banking players
How can global companies enter Japan’s digital banking market?