Is UK open banking mature enough to survive without the OBIE?
In March 2021 the CMA launched its consultation on the future governance of open banking, a process ...
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In March 2021 the CMA launched its consultation on the future governance of open banking, a process ...
March 2, 2021 @ 11:32 pm By JD Alois UK Finance has published a proposal for a “new service company” that will support the UK’s open banking infrastructure, according to a public statement. UK Finance is described as the collective voice for the banking and finance industry representing over 250 firms in the UK. Last year, UK Finance suggested a model which would see the continuation of open banking functions moved into a new service company as the final stages of the Competition and Market Authority’s (CMA) implementation roadmap. The publication, Open Banking Implementation Entity...