This part is quite important:
"Though others are likely to follow in its footsteps, Open Money is the first initiative to provide a state-of-the-art REST API, SDKs and industry best practices designed to facilitate blockchain integration."
It's an acknowledgement that Open Money has that crucial first mover advantage, which means it could well be uniquely placed to make that bridge from the often quite insular crypto-world into a mainstream marketplace of over 7 billion people.
Open Money will be the first doing this but there will be a lot of projects following Open Money.
Some projects will be based on Open Money but thats all good! The more projects that bring the blockchain in the world is a good project.
Bitcoin was the first and stronger then ever with a huge market cap.
Now Open Money will in this field so in some years it will be stronger then all other project with the best market cap

.
Really hope they announce there ICO date very soon.
The community in this thread and Telegram are getting really excited!