Features
Are mortgages worth opening up for?
Open Banking Expo Magazine spoke to Skipton Building Society, Enterprise Chambers in London and The Online Mortgage Advice Centre about the use of Open Banking data within the mortgage sector. It’s a sobering thought for all professionals involved in banking and finance, that the average Brit is far more likely to get divorced than switch suppliers.…
Read MoreIs ignorance bliss?
A year on from the launch of Open Banking in the UK, consumer adoption rates are low and awareness levels are lower still. Should we be worried, asks Joe McGrath? Getting consumers to buy into the benefits of Open Banking has been a tricky business for British financial groups. A year since the Competition…
Read MoreSurvival of the fittest
Many predict that Open Banking will eventually lead to the end of the retail banks as we know them today, but how are the legacy players protecting their businesses? Joe McGrath investigates… It has been a transformational decade for Europe’s retail banking sector. Vast regulatory changes introduced in the wake of the global financial…
Read MoreBrave new world
As the UK celebrates a year since the first Open Banking regulations came into force, the world is watching its progress. But not every country is following its approach, finds Jenny Turton… Regulatory initiatives, fintech innovations and rising consumer demand for ease and convenience, are fuelling a momentum for change across all industries, especially…
Read MoreOpen Banking: Who are you opening the door to?
Why your customers could be the downfall of Open Banking – and how data sharing can save it. Lee D’Arcy, director of engagement at Cifas, at the UK’s fraud prevention service spoke to Open Banking Expo Magazine. One fraud hides a multitude of crimes In the world of business, it’s rare to find a…
Read MorePayments: The battle for supremacy
Regulation has stimulated a wave of new entrants to the payments space and incumbents are spending big to protect their market share. But who is likely to win out in the battle for supremacy? Joe McGrath and Jenny Turton investigate… Competition in the payments sector is intensifying at breakneck speed. The arrival of the second…
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