BBVA is going to sell to Amazon. It's not transparent finance.

In our recent report,' The Emergency of API Platforms: Open Banking and Payments Drive New Business Models,' we identified the challenges of using simple API specifications as a method of creating open banking, and why this approach is likely to delay rather than accelerate innovation.

In reality, we suggest that the Open Banking program allows banks to come up with a solution that satisfies EU criteria at a high cost, while ....