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The opportunities that a truly global Open Banking ecosystem would create for businesses and consumers are almost limitless. The more interoperable the ecosystem is, the greater the possibilities are ...
Open Banking celebrated six years young on the 15th of January, making this the perfect time to give the industry a JROC (Joint Regulatory Oversight Committee) update. As we look ahead in Open Bankin...
Artificial intelligence will have a seismic effect on financial services. McKinsey has predicted that AI could deliver a “value-creation opportunity of up to $20 trillion” for banks each year. Accent...
The PSD2 was a truly historic piece of legislation that laid the foundations for a paradigm shift in financial services. The blockbuster Payment Services Directive 2 planted the seeds for Europe’s thr...
The UK is at the forefront of financial innovation. We created a blueprint for Open Banking. Our data regime is one of the most progressive in the world. Yet we are still missing one crucial part of t...
2023 will go down as a big year for the UK’s open economy. We’ve seen the reinvigoration of Open Banking through the timely Joint Regulatory Oversight Committee (JROC) report, coupled with progress on...
Credit is nearly as old as human civilisation itself. Moneylenders operated more than 5,000 years ago in ancient Samaria, and the Babylonian Code of Hammurabi saw the world’s first regulator capping i...
The countdown to the Consumer Duty is well underway, with the new regulation aiming to usher in a golden age for customers across the UK. The FCA says its rules will set higher and clearer standards o...
What a start to spring it’s been. We’ve had a hugely successful UK FinTech Week, as well as the Innovate Finance Global Summit 2023 at the stunning Guildhall in the City of London. One hot talking poi...
Last week, we released a piece of research - The Global Open Finance Index. It makes for tough reading for those of us who passionately believe that the UK’s status as a global leader in Open Banking ...
They are the biggest step forward for Open Banking since the launch of the first payment APIs. Variable Recurring Payments (VRP) are a genuinely game-changing innovation which we expect to be one of t...
We’re living in an era of crisis. The world is experiencing extreme geopolitical turmoil, soaring inflation, and continued post-pandemic supply chain problems. In the UK, we’re teetering on the brink...