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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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Open banking-enabled products are being used by over seven ...

Seven million consumers and SMEs in the UK are now actively using Open Banking services, Open Banking Ltd, a non-profit responsible supervision, ecosystem enablement and supporting infrastructure and ...

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 ...

Last spring, HM Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR) collaborated to create the Joint Regulatory ...

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 ...

Callum Flaherty, digital verification lead at Barclays Bank, said the sector must now be explicit about the benefits being ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This review of the progress of the UK’s Open Banking ...

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 ...

Thousands of homeless people will be able to open a bank account and five major banks as part of a strategy to improve ...