Better security of digital identities could enhance systems enrolment and bolster GDP growth.
Enabling secure sharing of SME data could half the sector’s £22 billion funding gap and boost the UK’s gross domestic product, but it relies on government and regulatory intervention.
As the metaverse shifts away from gaming and music, banking could be the next beneficiary.
The Open Banking sector has created opportunities to improve the gender diversity split within the UK financial services sector.
The UK approach to Open Banking has provided the world with a framework that can be deployed and reused across multiple sectors.
The constant challenge of keeping customers happy – and coming back – can be addressed by Open Banking.
Climate change – or a financial services company’s approach to it – could be the difference between them leading or lagging the pack, according to a sector expert.
The choppy macroeconomic environment presents a window of opportunity for the Open Banking and Open Finance ecosystem.
Consumers are nervous and unfamiliar with variable recurring payments, which has inhibited early adoption of the new payment method.
Prevention, detection, intervention, and education essential if industry is to extinguish criminal activity across Open Finance.
