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Who Should Pay for Open Finance? Pricing Models and Policy Lessons From Around The Globe
Open finance is an important new policy innovation, but it is expensive to implement. At the end of the day, someone--banks, consumers, fintechs, governments--has to pay for building and maintaining open finance systems. There is no one best model globally, and everyone has an argument (often that they shouldn't pay for it). So what can policymakers do? This session shares how pricing rules are being set, the options policymakers have for pricing policy, and offers suggestions on five rules all markets should follow for pricing in open finance.
