Posts by Faith Reynolds
Report: Publication of Consumer Priorities for Open Banking
A new report (link a bottom of story) is published today which shows Open Banking could realise £18bn value for people and small businesses in the UK over the course of a year. The report highlights the complex challenges ahead to realise this value and sets out a series of priorities for the industry, regulators…
Read MoreWhat’s been going on so far in 2019?
As the year of Open Banking begins, consumer organisations, academics and even the Church are looking at what it means for consumers. I kicked off my January writing and presenting an essay for the Vatican on fintech, competition and vulnerability – levelling the playing field was the central theme. It was fascinating to join a…
Read MoreInsight: Faith Reynolds
The great potential of Open Banking lies in the possibility of genuinely delivering for consumers while still achieving commercial objectives. It’s now much easier to get suitable, engaging products to consumers more quickly and cheaply than it has been in the past. Events, like Forgerock’s Open Banking Hackathon and the FCA’s Techsprints on ‘access’, ‘vulnerability’…
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