Brits in the dark on Open Banking

It may dominate industry chatter, but Open Banking has still to enter the public consciousness, with nearly three quarters of Brits unaware of the initiative, according to a YouGov survey.

Of 2074 adults quizzed by YouGov, just 28% are aware of Open Banking, the government-backed initiative that arrived earlier this year, enabling Brits to share their banking data with trusted third parties.