Volume 6 , Issue 1 , PP: 01-12, 2026 | Cite this article as | XML | Html | PDF | Full Length Article
Gulchekhrakhon Ostonakulova 1 *
Doi: https://doi.org/10.54216/JSDGT.060101
Presently, there has been increasing policy attention from financial regulators in emerging banking systems on the need to look into the institutional mechanisms that could strengthen revenue generation of commercial banks in digital banking ecosystems. This study was an attempt to highlight the role of Open Banking platforms and API-based financial services in determining bank revenue growth in digital banking markets & financial service ecosystems (Uzbekistan). Therefore, the empirical findings of the present study can be used to better comprehend how Open Banking frameworks could be implemented in enhancing bank revenue streams in Uzbekistan. The previously developed Open Banking adoption indicators, API service readiness indicators, and bank revenue determinants framework in digital financial studies were used to collect data from banking professionals in commercial banks and fintech institutions. AHP’s prioritization results and structural equation modeling results on Open Banking adoption and API service integration increased significantly after evaluation with the support of the SEM analytical model. Additionally, the results of AHP analysis showed that Open Banking services and API-enabled platforms were the main areas of priority to be adopted by commercial banks on the basis of revenue-generation potential and service-integration capability, respectively. Moreover, the results also showed that out of five determinants, API service integration played a significant role in linkages between Open Banking adoption and bank revenue growth. The implications derived from this study can be used for enhancing bank revenue diversification in the context of Open Banking ecosystems. The finding is important given that higher levels of the Open Banking infrastructure are often found in digital banking systems of developed economies which cost less per unit of financial transaction – as there is less manual processing involved.
Open Banking adoption , API service integration , Digital banking ecosystems , Fintech collaboration , Bank revenue growth , Financial service interoperability , Uzbekistan banking sector
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