One in five UK consumers and small businesses actively use these services, creating an ecosystem worth approximately £4.1 ...

Open banking in the UK has reached its eighth anniversary, with more than 16.5 million user connections live across the UK.

Open banking in the UK is eight years old and has become an established part of the financial services sector, but its next phase will see it help create services beyond retail banking.

Henk van Hulle, CEO of OBL, says: “In just eight years, Open Banking Limited has helped build an ecosystem that people and ...

UK Finance has released an industry proposal outlining a commercial model for Wave 2 of commercial variable recurring ...

The FCA has recently published a feedback statement summarising the responses received on April 2024 proposals about the design of the Future Entity for UK open banking. The feedback statement sets ...

Last spring, HM Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR) collaborated to create the Joint Regulatory ...

Seven million consumers and SMEs in the UK are now actively using Open Banking services, Open Banking Ltd, a non-profit responsible supervision, ecosystem enablement and supporting infrastructure and ...