Open Finance Association
Acronym: OFA
General Information
Identification Code: 217419949978-03
Website: [object Object]
Entity Form: Association
Registration Category: Trade and business associations
Registration Date: 4/26/2023
Last Update: 4/17/2024
EP Accredited Number: 0
Mission & Interests
Goals:
The Open Finance Association represents companies focused on empowering consumers and businesses through opening up financial data and payments. We believe secure, open APIs (application programming interfaces) are key to competition and innovation in this space.
Enable consumers and businesses to access their data across all their financial accounts, and make use of it, via trusted third party providers.
Develop and drive adoption of a competitive and convenient instant payment method based on open payments.
Promote a sustainable, well-functioning Open Finance ecosystem by creating the right balance of requirements and incentives.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Competition
- Digital economy and society
- Economy, finance and the euro
Levels of Interest:
- european
Activities
Main EU Legislative Proposals: Payment Services Directive 2, Instant Payments Regulation, Digital Euro initiative, e-ID, Payments Services Regulation, Financial Data Access Proposal, Anti-Money Laundering Package
Communication Activities: Events, publications such as position papers, engagement with EU stakeholders
EU Supported Forums and Platforms: Expert group on European financial data space#E03763#https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?lang=en&groupID=3763 #MEMBER #B#FinancePayment Systems Market Expert Group#E02287#https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?lang=en&groupID=2287 #MEMBER #B#Other
Inter-institutional or Unofficial Groupings: Artificial intelligence and digital
Head Office
Address: Arts 56 Building 6th floor Avenue des Arts, 56 , 1000 Brussels, BELGIUM
Post Code: 1000
City: Brussels
Country: BELGIUM
Phone: [object Object]
EU Office
Address: Arts 56 Building 6th floor Avenue des Arts, 56 , 1000 Brussels, BELGIUM
Post Code: 1000
City: Brussels
Country: BELGIUM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 2
Members50 Percent: 2
Members75 Percent: 0
Members: 4
Members F T E: 1.5
Structure
Structure Type: Structure