The Ozone Layer – Is open banking rocket fuel for the challenger banks?

In this episode of the Ozone Layer, we talk to Diane Brocklebank who leads the Prepaid Internal Forum. An industry association representing many of the challenger banks, fintechs and smaller financial institutions who are looking to grow rapidly. Often at the expense of the biggest banks.
We talk about whether open banking is a massive opportunity or headache, what are the use cases that are gaining traction and what is coming next.
Is there a best in class open banking standard? Explore pockets of excellence around the globe and navigate the complex ecosystem.
With open banking initiatives gaining momentum around the world, we are seeing a range of different standards emerge. Smart Data Foundry and Ozone API together bring you the Standards Library and Innovation Atlas, outlining the features and similarities between different standards being set across the globe.
The Joint Regulatory Oversight Committee (JROC) report is a milestone in the story of Open Banking in the UK. Ozone API CEO, Chris Michael, shares his thoughts.