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Jeremy Light Co-founder at Fourdotzero

UK Open Banking Payments in 2024

A year ago, I believed UK Open Banking payments were on a roll. Total payment initiations for 2022 were 68 million payments, an increase of 171% over 2021, showing a strong foundation for Open Banking. At this rate, I believed 1bn payments a year could be reached in 2025, a level where Open Banking would be firmly established in the UK payments la...

09 January 2024 /payments /predictions Open Banking