Banking Sandbox Evaluation for Open Banking Ecosystems Using Agent-Based Modeling
Keywords:
open banking, agent-based modeling, sandbox evaluation, financial innovation, regulatory technology, systemic riskAbstract
Innovation, competitiveness, and stability must be assessed for new open banking systems. The ABM research investigates open banking sandbox innovation dynamics. This research simulates new bank, fintech, consumer, and regulator sandbox behaviors. Research policy impacts on innovation diffusion, operational risk, and systemic resilience using UK and EU regulatory framework computer models. ABM describes how sandbox rules impact collaborative creativity and market equilibrium using non-linear agent interactions and feedback loops, unlike analytical or econometric methods. Adaptable sandboxes motivate and prevent infection. Sandbox governance and open banking innovation use data.
Downloads
References
J. Kálmán, "The Role of Regulatory Sandboxes in FinTech Innovation: A Comparative Case Study of the UK, Singapore, and Hungary," FinTech, vol. 4, no. 2, p. 26, 2025.
R. Parenti, "Regulatory Sandboxes and Innovation Hubs for FinTech," Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2020.
C. Ruiz-Martin, B. Oakes, and R. Cárdenas, "A Systematic Literature Review of Agent-Based Modeling in Policy Analysis," Society for Modeling & Simulation International, 2024.
J. Goo and H. Heo, "FinTechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
F. Cornelli, E. Goldstein, and C. Li, "Fintechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
J. Kálmán, "The Role of Regulatory Sandboxes in FinTech Innovation: A Comparative Case Study of the UK, Singapore, and Hungary," FinTech, vol. 4, no. 2, p. 26, 2025.
R. Parenti, "Regulatory Sandboxes and Innovation Hubs for FinTech," Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2020.
C. Ruiz-Martin, B. Oakes, and R. Cárdenas, "A Systematic Literature Review of Agent-Based Modeling in Policy Analysis," Society for Modeling & Simulation International, 2024.
J. Goo and H. Heo, "FinTechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
F. Cornelli, E. Goldstein, and C. Li, "Fintechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
J. Kálmán, "The Role of Regulatory Sandboxes in FinTech Innovation: A Comparative Case Study of the UK, Singapore, and Hungary," FinTech, vol. 4, no. 2, p. 26, 2025.
R. Parenti, "Regulatory Sandboxes and Innovation Hubs for FinTech," Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2020.
C. Ruiz-Martin, B. Oakes, and R. Cárdenas, "A Systematic Literature Review of Agent-Based Modeling in Policy Analysis," Society for Modeling & Simulation International, 2024.
J. Goo and H. Heo, "FinTechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
F. Cornelli, E. Goldstein, and C. Li, "Fintechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
J. Kálmán, "The Role of Regulatory Sandboxes in FinTech Innovation: A Comparative Case Study of the UK, Singapore, and Hungary," FinTech, vol. 4, no. 2, p. 26, 2025.
R. Parenti, "Regulatory Sandboxes and Innovation Hubs for FinTech," Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2020.
C. Ruiz-Martin, B. Oakes, and R. Cárdenas, "A Systematic Literature Review of Agent-Based Modeling in Policy Analysis," Society for Modeling & Simulation International, 2024.
J. Goo and H. Heo, "FinTechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
F. Cornelli, E. Goldstein, and C. Li, "Fintechs Playing in the Regulatory Sandbox—The Effect of Sandbox Participation on FinTech Venture Investments," Information Systems Journal, vol. 33, no. 1, pp. 1–27, 2023.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
