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Driving banking innovation in the UK and beyond with Engine by Starling
The Challenge Many traditional banks struggle to adopt Open Banking due to legacy systems that are difficult to integrate with modern APIs, high costs of infrastructure overhauls, and complex regulatory requirements. These challenges limit their ability to offer seamless, innovative digital services, leaving them behind in an increasingly API-driven financial landscape. The Solution Engine…
Driving Innovation and Compliance with Open Banking Limited in UK
Open Banking Limited (OBL), formerly known as the Open Banking Implementation Entity (OBIE), was established by the UK’s Competition and Markets Authority (CMA) to implement the CMA Order, a directive aimed at driving competition, fostering innovation, and enhancing transparency within the UK retail banking sector. OBL plays a pivotal role in developing the UK Open…
