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 ...

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

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

In December 2023, the PSR consulted on the expansion of VRPs to payments between accounts with different names (non-sweeping VRP) in order to extend the benefits of VRPs to more users. The PSR plans ...

Open Banking Limited (OBL) today marks the 8th anniversary of open banking in the UK – an innovation born when PSD2,officially came into effect - and a pivotal moment for the UK economy. This ...

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.

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 ...

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 ...

Open banking needs urgency – not more debate, write John Glen, three years on from opening the conversation as City minister In the UK, open banking has quietly transformed the way millions of people ...