Insights
Opinion – Carlos Figueredo
While Open Banking started in the UK as primarily a mandatory step for the nine top banks (CMA9) under the directive of the Competition and Markets Authority (CMA) through the CMA Order, none of us involved in the initial steps of Open Banking could have imagined the global impact that this initiative would have. Countries…
Read MoreGlobal Perspectives on Open Banking: Africa Focus
Financial exclusion is real and is much more than not being able to pay. According to the European Investment Bank, as of 2017, 66 per cent of adults in Africa did not have access to financial services, many of which have the potential to transform their lives. It is no surprise that financial exclusion correlates…
Read MoreThe races to be won
Dr Louise Beaumont works with legislators and regulators to create disruption, with corporates to cope with disruption, and with start-ups to exploit disruption. Her roles include chair of techUK’s Open Banking & Payments Working Group, member of Pay.UK’s End User Advisory Council; and advisor to Yapily, Funding Options and Bottomline. Got a customer-facing solution which…
Read MoreThe Global Revolution of Open Banking – A Look at Mexico
Starting as an innovative regulatory disposition in the United Kingdom, in just a few years, Open Banking has become a revolutionary global movement. Considered one of the cures to current financial systems’ ails, rooted in its obsoleteness and a loss of touch with today’s realities, it promises to spark new life into consumer and SME…
Read MoreFlower Power – Bringing Your Very Own Data Daisy To Life
Imagine a daisy – a small white flower – and I will paint a picture in your mind of what open data really means for an individual or for a small business in our open future. Imagine that you’re the yellow bit right at the very centre of the daisy, and that each one of…
Read MorePutting the ‘rev’ in revolution
Two years ago, Open Banking was regarded by many as a typical compliance exercise championed only by a handful of FinTechs – more tech spend driven by compliance rather than business case or customer need. This is no longer the case. Banks have very firmly moved from viewing Open Banking as a compliance exercise to an…
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’…
Read MoreOpinion: Irina Tsyganok, Lloyds Banking Group
Open Banking Engineering Lead at Lloyds Banking Group spoke with Open Banking Expo Magazine on API’S, Open Banking and all the technical jargon in-between. Open Banking is an unprecedented disruptor in the financial industry, at the core of which lie data sharing and customer-centricity. Both concepts are complex, requiring a multitude of considerations, and…
Read MoreThree reasons why Open Banking can unleash small business lending
iwoca co-founder and chief executive officer, Christoph Rieche, spoke with Open Banking Expo Magazine on the future of business lending through the eyes of Open Banking.
Read MoreOpinion: Nick Harrison, Director, first direct
first direct’s Nick Harrison spoke to Open Banking Expo Magazine about his hopes and fears (and everything in between!) for Open Banking in 2019.
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