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From the magazine SZW-RSDA 1/2022 | p. 14-32 The following page is 14

Kooperationsformen zwischen Banken und Drittanbietern aus vertrags- und datenschutzrechtlicher Perspektive

Open Banking or Open Finance essentially means the exchange of financial data between different financial service providers including third party providers at the request of the customer. From a civil liability and data protection perspective this paper examines the legal relationships between banks, third party providers, platforms and customers on the basis of four possible «model forms of cooperation»: (1) outsourcing, (2) joint offers by banks and third party providers, (3) platform and (4) unilateral request by customers.

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