What will unlock open banking?
Last night, I was delighted to host a panel at Open Banking Excellence, entitled “What will unlock open banking?”
It was a great panel and a fantastic discussion – see my introduction below:
For more information about Open Banking Excellence, please visit: https://www.openbankingexcellence.org/
The FCA has published its Open Finance Roadmap with specific milestones, credible use cases, and an honest acknowledgement that the UK is catching up, not leading. We break down what the plan gets right, where the real risks are, and what regulators worldwide should take from it.
In September 2024, I published Global Interoperability, making the case that open finance would only deliver on its promise if the underlying plumbing was standardised globally, not just market by market. Eighteen months later, the landscape has changed considerably. More markets. More data. More urgency. Three arguments from that piece have aged particularly well, and...
Open banking facilitates the secure sharing of financial data. Read our comprehensive guide to learn everything Open Banking.