Open Banking Advent Calendar 2025
December 23rd: Ken Villum Klausen (Lunar) on What Open Banking Needs to Truly Take Off
On Day 23 of the Enable Banking Open Banking Advent Calendar, we open the door to Ken Villum Klausen, CEO at Lunar’s perspective.
Ken offers a “steelman” argument that challenges a comfortable assumption in the industry: that open banking is already a clear success. From his perspective, while open banking has been talked about for years and adopted by many players, it hasn’t yet delivered the level of impact needed to truly transform banking at scale.
Is he right? That depends on where you sit.
For some, open banking is already foundational infrastructure powering payments, lending, and financial management. For others, the real shift is still ahead, requiring deeper adoption, better experiences, and clearer value for customers.
This is exactly why we’re sharing this viewpoint.
Day 23 isn’t about declaring a verdict. It’s about asking the harder question: has open banking already arrived, or is its most meaningful chapter still to come?
Watch the video, consider the argument, and join the conversation.
