Open Banking is finally open!

Happily, this week, a recent development in the ecosystem gives us cause for genuine positivity in the face of continuing inertia.

Up until this week, the only way to access a fully conformant mock bank was to go through Open Banking. This organisation is largely set up to cater for companies whose intention is to get full regulatory authorisation – it fulfils this requirement well, providing a unique trust framework whereby ASPSPs can be sure of the status and identity of a TPP at any point.

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