Common open banking examples include: (1) Budgeting and personal finance apps—such as Emma, Mint, Cleo, or Money Dashboard—that aggregate all your accounts in one place and categorize spending. (2) Pay-by-bank and payment apps that let you pay directly from your bank account at checkout instead of using cards (e.g. TrueLayer Pay, Volt, GoCardless). (3) Loan and credit applications that verify income instantly using bank transaction data (e.g. Klarna, Affirm, Zopa). (4) Account switching services that help you move to a new bank using open banking to transfer direct debits and balances. (5) Investment and savings apps—such as Revolut or Trading 212—that fund accounts via instant bank transfer.

Under the hood, these examples use account information (AIS) and payment initiation (PIS) APIs. The Open Banking Tracker lists 50+ open banking use cases with real-world examples by category—personal finance, lending, payments, accounting, and more—so you can see how businesses and consumers use open banking in practice.