Seven months have passed since the U.K.’s biggest banks were mandated to release open APIs for their customers’ account information under Open Banking and European Union PSD2 regulation. The process was completed by mid-April, but it fell short of creating a truly open system for data sharing.
In this article (from Open Banking Sydney 2018, we chat with Eduardo Martinez Barrios, Open Banking Product Head at Santander UK to provide an international perspective on how to successfully launch an open banking regime.
Open Banking could be the next disruption that will force financial institutions into high pressure projects, not only from a technical perspective, but also from a business perspective. Find out how your organization can develop a strategy to turn this requirement into an opportunity.
The Open Banking initiative is the driving force behind a new wave FinTech innovation…
How digital are Swiss millennials and what do they expect from their bank? In this report you will get insights into the banking behaviour and expectations of today’s millennials and the potential that lies in Open Banking.
Fintechs already using ForgeRock’s sandbox to simulate connecting to a real bank via the new open banking APIs as a way to supercharge their integration journey…
Britain’s big lenders have been criticised for their slow take-up of so-called “Open Banking” reforms designed to spark a digital revolution in banking. The rules kicked in at the start of the year to make it easier for people to move their financial data to rival service providers. They are being enforced on big lenders by the Competition and Markets Authority (CMA) to encourage switching.