Recently, JPMorgan Chase announced a shift in how it manages access to consumer banking data, introducing new data access fees for third-party aggregators. While the move focuses on infrastructure ...

Open Banking enables individuals to freely access and share their financial data across various financial institutions through open Application Programming Interfaces (APIs). This facilitates ...

We have issued a joint statement with the Payment Systems Regulator (PSR) giving clarity on open banking pricing models.

For years, traditional banks built their reputations on physical branches and face-to-face customer relationships. But today, they face an existential challenge: nimble Fintech startups are emerging ...

The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA, an advocate ...

UK Finance has released an industry proposal outlining a commercial model for Wave 2 of commercial variable recurring ...

One in five UK consumers and small businesses actively use these services, creating an ecosystem worth approximately £4.1 ...

Open banking in the UK is eight years old and has become an established part of the financial services sector, but its next phase will see it help create services beyond retail banking.