Open Banking Advent Calendar 2025
December 22nd: From Buzzword to Backbone: Open Banking Grows Up
In the early days, open banking was everywhere and nowhere at once. Big promises, bold headlines, and plenty of hype. On Day 22 of the Enable Banking Open Banking Advent Calendar, Fedor Tyurin looks back on that phase and explains why the end of the hype is actually the best thing that could have happened.
Starting his open banking journey in 2018, Fedor reflects on how the buzz attracted talent, capital, and attention at a time when the industry was still taking shape. Fast forward to today, and open banking has quietly grown up. It is no longer a shiny concept. It has become part of the everyday infrastructure behind payments and modern financial services.
In the video, Fedor explains how open banking has evolved from a tech playground into a reliable set of rails supporting real-world use cases. Established banks, large financial institutions, and payment leaders are now using open banking in practice, not as an experiment, but as a foundation.
He also looks ahead, highlighting how open banking has already become part of the UK’s strategy for future retail payments, and why 2026 could be a defining moment for Europe if vision starts to lead regulation.
Open the door and explore what happens when open banking stops chasing hype and starts shaping the future. 🎄
