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Open Banking: what happens to the funding model after the roadmap?
The UK Finance ‘Open Banking Future State’ report looks at the evolution of the Open Banking ecosystem beyond the final roadmap. The future of Open Banking and how the ecosystem needs to be supported as we move forward to Open Finance and Open Data is of paramount importance for the industry and regulators. But what does the future funding model look like? And what does this mean for the fintech community?
Open Banking Bulk Payments
Bulk payments could revolutionise the way in which businesses pay contractors, suppliers and payroll especially when using accounting platforms.
May 2020: Monitoring Open Banking APIs
2020 marked a milestone for open banking in the UK with over one million users adopting products and services powered by open banking. With services now in mainstream consumer use, how are the bank’s APIs that underpin the ecosystem actually performing?