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There are fears we are seeing regarding open banking that consumers will not consent to share their data as they are unsure how their data will be used. The key for consumers to embrace the principles of open banking is the value proposition.  "Whats in it for me?" If for example it allows a consumer to complete a mortgage application faster or an Income and expenditure form for debt assessment then I can see a fairly good acceptance rate.  The issue we have seen and this was confirmed at a recent workshop in London we conducted is that although there are roughly 2 million people using screen scraping solutions the average consumer is unaware of open banking and like all things unknown there will be an air of suspicion. For 3 years I have been building I&E solutions that will help a consumer complete an accurate financial statement that will offer them a sustainable and affordable repayment plan to cure their debt position and make them more financial capable. Our latest research indicates that now we have a robust single format for I&E and a digital self-cure platform which a consumer can use what is now being demanded by both consumers and banks is the pre-population of the form using the current account data. Later this year we are conducting tests with our major banking clients to see how many consumers will consent to open banking as part of an income and expenditure assessment process the results of which we will publish. In early Nov I will be at the SCORE conference in Toronto, Canada discussing this topic along with other uses of digital technology and case studies. http://www.scorestat.com/2017-score-dormant-debt-conference/