Open Banking

Group founded 19 Oct 2017
Posts 233
Members 61
Group summary

Open Banking regulation, innovation and technology and it's potential to revolutionise the Financial Services Industry.

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Peter-Jan Van De Venn

Open banking will only succeed if consumers are 'onboard'

Banking is open for business Open banking is mutually beneficial for banks and consumers. It provides an opportunity for banking providers to retain and grow their customer base, by offering consumers...

09 Mar 2021
Josh Rix

Open Finance - improving consumer credit

The consumer credit industry is arguably more open to change and innovation than most across financial services, and therefore a beacon of opportunity for Open Finance. 15 million people in the UK do...

08 Mar 2021
Josh Rix

Open Finance - don't forget about SMEs

Retail banking has always been the poster child of innovation, while SME and commercial customers are typically left behind and often undeserved. SME customers arguably require the most support from t...

01 Mar 2021
Abhi Desai

The promise and possibilities of Open Banking

The open banking ecosystem is thriving. It is poised to dramatically transform how banks and their customers engage and operate, at a scale and pace not seen by a banking industry, best known for its ...

28 Feb 2021
Dmitrii Barbasura

6 key pillars that make open banking actually work

This is the second article from the series about the value of open banking and the rules it comes with. In the first article we have discussed the value of open banking and the benefits it brings to e...

25 Feb 2021
Josh Rix

Open Finance - addressing the savings gap

Saving is a critical element of managing our personal finances, and it tends to be the method that most individuals rely on, with investments being more financially exclusive in many respects. In fact...

22 Feb 2021
Martin Wilson

Commercialising Open Banking - digital identity, a key opportunity for banks?

This month marks the third anniversary of Open Banking in the UK – or more specifically, three years since Open Banking became a compliance obligation for banks. Back in 2018, users of Open Banking pr...

20 Jan 2021
Dmitrii Barbasura

The value that open banking brings to each market player

This article is part of a series about the value of open banking and the rules it comes with. Open banking fundamentally changes the landscape of the modern financial sector, stimulating all types of ...

08 Sep 2020
Joris Lochy

From app to super-app to personal assistant

In July of this year, KBC bank (the 2nd largest bank in Belgium) surprised many people, including many of us working in the banking industry, with their announcement that they bought the rights to bro...

17 Aug 2020
Lisa Fretwell

Data holds the key for lenders to say 'yes' to home buyers

When Chancellor Rishi Sunak stood up in parliament to increase the stamp duty threshold to £500,000 until March next year, he intended to wake the UK’s property market from its slumber. The Covid-19 p...

30 Jul 2020
Retired Member

Building on data trust to drive competitive advantage

As the world begins to slowly emerge from the COVID-19 lockdown, banks that have temporarily closed their retail premises and offices, pushing the majority of customers online, continue to reassess th...

14 Jul 2020
Adam Bialy

Where are we with Open Banking?

COVID-19 has accelerated digital transformation across the financial services industry in a way that it was not wholly prepared for. It has placed fintechs much further ahead in the race to adapt and ...

09 Jul 2020

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