Banks will meet in Westminster on Thursday evening to discuss the future of open banking under the UK’s forthcoming long-term ...
The FCA has recently published a feedback statement summarising the responses received on April 2024 proposals about the design of the Future Entity for UK open banking. The feedback statement sets ...
SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced the launch of Core MSS7, the newest release of ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The milestone comes six-and-a-half years after the rollout of ...
Callum Flaherty, digital verification lead at Barclays Bank, said the sector must now be explicit about the benefits being ...
In a recent milestone for the UK’s financial sector, open banking has reached over 15 million users, encompassing both individuals and businesses, as of July 2025. This figure, equivalent to nearly ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Gov.UK Pay is used by central government, local authorities, ...
NatWest says it is the first UK bank to join the UK Open Banking DPS or Dynamic Purchasing System. As explained by the UK government: “… frameworks – otherwise known as agreements – help public and ...
In April 2024, the UK government reiterated its vision for open finance, with UK Economic Secretary Bim Afolami (MP) announcing the creation of the Open Finance Taskforce at the 2024 Innovate Finance ...
Cross-border payments are built in from the start—a critical feature in an economy where trade, investment flows, and ...
Cash Access UK, a not-for-profit company funded by major high street banks, said it would set up a local hub where people can ...