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Can UK regulators maintain Open Banking momentum?
Jack Wilson, head of public policy at European Open Banking platform TrueLayer, talks to Open Banking Expo’s Ellie Duncan about the need for the FCA and PSR to ensure the UK’s Open Banking progress does not stall once the OBIE’s roadmap has ended and how incentives might help. He also explains why communication and transparency from the Joint Regulatory Oversight Committee and the future Open Banking entity in the UK are crucial. Jack also discusses the main recommendations from the Digital Payments Initiative report and why its findings might not result in concrete action.