Posts by Newsdesk

Open Banking will have a transformative effect on the options available to mortgage borrowers in the coming years, according to the trade group representing UK banks and lenders.

The financial services sector must collaborate with charities and other organisations to ensure Open Banking works for all areas of society, according to panellists at the Open Banking Expo 2019.

The wider financial services community should embrace innovations already made in Open Banking to shape future developments in lending, investments, pensions and financial planning.

Improvements to payment technology through Open Banking will improve competition and survivorship among small and medium-sized businesses in the UK, according to panellists at the Open Banking Expo 2019.

Leading industry figures have urged global regulators to lead by example when it comes to cross-border collaboration. Addressing delegates at the dedicated payments stream of the 2019 Open Banking Expo in London, speakers urged policymakers to work globally, to stimulate investment, align regulatory rulesets and become a catalyst for user adoption. Tony Craddock, director general of…

Open Banking has yet to be a real commercial success for the majority of fintechs and incumbent banks, a panel of experts have noted.

Open Banking providers will have to extend their offerings beyond traditional banking services and focus on making the consumer’s life easier, according to keynote speaker Jim Marous.

Banks are displaying a worrying lack of commitment to driving forward their Open Banking plans, according to a report.