The convergence of Open Banking and Artificial Intelligence (AI) is re-inventing the global financial services domain, offering both opportunities and challenges. Open Banking has already disrupted conventional financial ecosystems by enabling secure, and standardized datasharing between banks and third-party providers via APIs. This shift has enabled new options for collaboration, better consumer experience, and higher financial inclusion. At the same time, AI—powered by large language models (LLMs) —has demonstrated massive potential by automating processes, personalizing services, and supporting regulatory compliance. Together, these innovations will be building a customer-centric financial ecosystem.