325 regulated providers made up of 234 third party providers and 91 account providers, with 114 regulated entities that have at least one proposition live with customers.
Read our latest highlights here: openbanking.org.uk/news/the-… ft. @robinpayapp@imrangulam#openbanking
We have launched a consultation on version 3.1.9 of the OBIE Standard. This represents the next stage in the development of #openbanking in the UK. Join our #webinar on Tuesday, 24th August to know more about the consultation process. Register here: ow.ly/rSuj50FSmcf
Really pleased the mainstream press are writing about #openbanking powered apps. With nearly four million active users already and growing, i think it's just a matter of time before we're all using this technology to get a grip on our money.
theguardian.com/money/2021/a…
In support of this work, today we published detailed Service Quality Indicator data, which is now available on our website: openbanking.org.uk/news/the-…
Do you want to know:
💷 how your bank’s customer service compares with others?
💷 if you could be getting a better service elsewhere?
Read the latest survey results: ow.ly/PAev50FRxz1
ALT Read the latest banking customer satisfaction survey results
The long-awaited requirement from the @CMAgovUK mandating the UK’s nine largest banks to implement #VRPs for Sweeping is going to transform #payments, giving consumers and SMEs greater financial control, explains @imrangulam: ow.ly/u8ao50FIndw
We agree with @JohnPenroseNews – @CMAgovuk’s decision to mandate variable recurring payments (#VRPs) as the mechanism for implementing sweeping will give consumers more control over their money whilst also protecting them from incurring unwanted fees. #openbanking
Ever been hit with overdraft fees on your current account when another account was in credit? Great new decision on #OpenBanking will make it a thing of the past, even when the two accounts are with different firms. gov.uk/cma-cases/review-of-b…
Commenting on the CMA’s decision, OBIE’s Implementation Trustee @imrangulam OBE said: “The CMA's decision, in line with the OBIE’s advice, is a win for competition and innovation, which will deliver significant benefits to consumers and small businesses."
.@imrangulam speaking at @FintechWeekLDN
said "In terms of adoption, I am pleased to announce we now have almost 4 million UK people and businesses using #openbanking enabled services." #FTWLondon
Today @CMAgovUK launched a consultation on the future governance of #openbanking. The deadline for responses is 5pm, Monday 29th March, 2021.
The OBIE encourages all stakeholders to contribute to the consultation.
gov.uk/government/consultati…
We’re calling for views on the future governance of the CMA’s Open Banking remedies.
Interested parties must submit their views by 29 March 2021.
Find out more: ow.ly/igJ950DQQzp
Great to see the #kalifareview of UK #Fintech get behind Open Finance.
"The Government should continue to progress Open Finance as a mandatory regime and in alignment with other Smart Data initiatives."
#openfinance#OpenBanking
The #KalifaReview of UK #Fintech has been published
💡Sets out a strategy to put the UK atop the global fintech league table
💡Recommendations include a new fintech scale-up visa stream, a ‘scalebox’ for growing firms and changes to UK listings rules
gov.uk/government/news/uks-g…
"We pioneered Open Banking, which has now taken the world by storm". Thanks for the shout out @JohnGlenUK !
300 ecosystem participants, 3m active users and growing. #openbanking is fast becoming a #Fintech success story.
Check out our Annual Report: lnkd.in/eKwMvhC
The #KalifaReview of UK #Fintech has been published
💡Sets out a strategy to put the UK atop the global fintech league table
💡Recommendations include a new fintech scale-up visa stream, a ‘scalebox’ for growing firms and changes to UK listings rules
gov.uk/government/news/uks-g…
With 3m active users and growing #openbanking is fast becoming a market that is open to new entrants and new ideas....big thanks to the team for publishing OBIE's inaugural annual report 👇...
insights.openbanking.org.uk/…
Open banking is gathering pace and if that floats your boat then join our webinar starting at 11am today with guests @imrangulam & @LJ_Muis entitled Open Banking's Next Chapter'. You can sign up here lnkd.in/gaBDJmF#fintech#openbanking#banking#psd2
#AskRishi We've experienced 100% increase in @UKOpenBanking uptake since lockdown.However many businesses still don't trust its security despite it being FCA regulated. Can you confirm that it's safe to use? It's critical to help us serve them with the speed needed in this crisis