UK

Partnering with Open Banking Limited to Drive Innovation and Compliance in the UK Retail Banking Sector

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…