Open Finance is one of the elements of Future Finance Poland, an initiative actively supported by the public sector. Its goal is to develop coordination and cooperation mechanisms that enhance the growth of the Polish financial center.

The planned actions focus on regulatory, technological, and business areas. The initiative also includes promoting the Polish financial center internationally and supporting the global expansion of Polish entities in the financial market. All these efforts significantly aim to improve Poland’s position on the global map of financial centers

Open Finance, one of the most promising fields for the development of modern, data-driven finance, focuses on data, choice opportunities, and consumer experience while maintaining a high level of security. Visa, a specialization partner, aims to support the Polish banking and financial sector in facing challenges and leveraging opportunities arising from openness to data coming from outside traditional banks—such as data from investment companies or credit bureaus.

The benefits of Open Finance include increased market competition, innovation, and easier access to financial products. On the other hand, significant challenges can be spotted, especially in technical, supervisory, and security aspects. The goal is to enhance user convenience, provide a broader range of available financial solutions, and further improve their security.