Open Banking has transformed how financial institutions access data, verify bank accounts and enable payments. But as financial services become increasingly digital, the challenge is no longer just about connecting to a bank account – it is about establishing trust across the entire customer journey.
Fraudsters increasingly operate across channels, identities and payment methods. At the same time, financial institutions often rely on separate providers for identity verification, AML screening, fraud prevention, Open Banking and electronic signatures.
This fragmented approach can create complexity at exactly the point where institutions need a complete picture of the customer and the associated risk.
For signteq, the next evolution of Open Banking is therefore closely connected to the broader Digital Trust ecosystem.
The Vienna-based technology company brings identity verification, KYC/KYB, AML and compliance, fraud detection, Open Banking and electronic signatures together within one modular infrastructure – enabling regulated businesses to connect different trust layers throughout the customer lifecycle.
Lena Miglbauer, chief revenue officer, signteq
Lena Miglbauer, chief revenue officer at signteq, says: “Open Banking becomes much more powerful when we stop looking at it in isolation. Knowing where a payment comes from or verifying a bank account is one part of the equation. Understanding who is behind the transaction, whether that person or business presents a risk, and how we keep the entire journey compliant is the bigger challenge.
“I believe the future lies in connecting identity, AML, fraud prevention and Open Banking much more closely. For financial institutions, that means fewer fragmented processes and a much stronger trust layer across the entire customer journey.”
signteq operates across more than 30 European markets with 100% EU data residency and works with organisations across banking, fintech, wealth, digital assets and other regulated industries.
At Open Banking Expo UK & Europe 2026, signteq will bring this perspective to the session “Fraud is winning. So what needs to change?”, exploring how financial institutions can respond as fraud becomes increasingly sophisticated.
Delegates can also meet the signteq team at the Expo to explore how identity verification, AML, fraud prevention and Open Banking can be brought together in one customer journey – and discuss their own use cases with the team.
