One in five UK consumers and small businesses actively use these services, creating an ecosystem worth approximately £4.1 ...
UK Finance has released an industry proposal outlining a commercial model for Wave 2 of commercial variable recurring ...
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.
This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. Our recent report analyses the performance of open banking APIs from 29 ...
Henk van Hulle, CEO of OBL, says: “In just eight years, Open Banking Limited has helped build an ecosystem that people and ...
Open Banking: UK FCA moves forward in proposals for the design of the Future Entity for open banking
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 ...
In a recent milestone for the UK’s financial sector, open banking has reached over 15 million users, encompassing both individuals and businesses, as of July 2025. This figure, equivalent to nearly ...
Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...
The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of ...
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UK's only Open Banking event shortlisted for national award
The UK’s only event focusing solely on Open Banking and Open Finance has been named as a finalist in the Conference & Events ...
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