Open Banking in Morocco: Risks and Opportunities for Banks According to Their Digital Maturity Level

Open banking represents a fundamental shift in the banking sector, enabling secure customer data sharing through APIs. This study examines how Moroccan banks, according to their digital maturity level, can navigate between the risks and opportunities of this transformation. Digitally advanced banks benefit from a competitive advantage, while traditional institutions face significant challenges. The analysis reveals that success depends on banks' ability to assess their digital maturity and develop appropriate strategies. Results suggest that collaboration between banks, regulators, and fintechs is essential for a successful transition to open banking in Morocco.