OBL’s latest Impact Report reveals increased consumer adoption OBL’s seventh Impact Report paints a positive picture of open banking adoption in the UK, with one in five consumers benefiting from using the financial innovation. The report also reveals that, for the first time, we are seeing consumer adoption catch up with business use, and that there is a flourishing open banking ecosystem. Read the latest Impact Report Firms agree to fund efforts to create new company to deliver the initial phase of work for CVRPs 31 firms – including fintechs, high street and challenger banks, and payment providers – have agreed to fund and take forward the initial phase of commercial variable recurring payments (CVRPs). This will support the creation of a new entity that will be owned and run by industry, and is the next step in implementing a key element of the Government’s National Payments Vision. Read the release and list of funders OBL publishes the Commercial Model for Variable Recurring Payments Wave 1 We are pleased to publish Commercial Model for Variable Recurring Payments Wave 1, the public consultation on the Wave 1 cVRP commercial Model report prepared by Frontier Economics for OBL. We welcome your feedback on the proposals and pricing set out in the report. Please share your response by 16 May. Read the report Simplify switching products and services with Smarter Contracts’ Pulse protocol Switching products and services can help consumers make valuable savings on financial products and services – like finding better interest rates or savings accounts – but this takes time and effort. Smarter Contracts’ Pulse™ protocol aims to simplify data permissions for companies and consumers – and make switching as pain-free as possible. Read the the case study APRIL ECOSYSTEM HIGHLIGHTS 331 Regulated Providers240 Third Party Provider91 Account Providers157 Regulated entities with at least one proposition live with customers Read more Select to scroll to the previous slide Select to scroll to the next slide ECOSYSTEMFind all the information and support your organisation needs to create personalised open banking-enabled services. Account ProvidersForge links to a thriving community of fintechs and other innovative firms – collaborating to deliver value-adds, tailored to customers’ financial needs via their bank transaction data.Find out more Fintechs (TPPs)Build your proposition with access to the expertise and tools of a world-leading open banking ecosystem – plus the Open Banking Directory of participants.Find out more Technical service providersFrom security standards to support services, open banking gives you trusted credentials.Find out more RegulatoryInformation and guides to help you navigate open banking regulation, from the CMA order to PSD2 and beyond.Find out more March API performance99.48%Average API Availability351msAverage API Response Time99.37%Successful API Calls (%)99.55%Average API availability – weighted1990.1mSuccessful API Calls Actual0.63%Failed API CallsSee all latest figures BENEFITS Explore the many practical ways that open banking can help you take control of your finances. Consumers Open banking is a secure way to help you understand your day-to-day finances, find cost-effective lending, and help tackle debt. Find out more BusinessesOpen banking data and payments solutions can help businesses manage their finances, control cash flow and improve financial forecasting.Find out more LATEST NEWS AND INSIGHTS Thought Leadership OBL Impact Report 7: open banking delivers real-world impact as adoption accelerates year-on-year 16 May 2025 Read more Press Releases Firms agree to fund efforts to create new company to deliver the initial phase of work for commercial variable recurring payments 02 May 2025 Read more Report OBL publishes the Commercial Model for Variable Recurring Payments – Wave 1 09 April 2025 Read more Case studies Simplify switching products and services with Smarter Contracts’ Pulse permissions protocol 02 April 2025 Read more Thought Leadership The Future is Open: Navigating the Next Phase of UK Open Banking 17 March 2025 Read more
OBL’s latest Impact Report reveals increased consumer adoption OBL’s seventh Impact Report paints a positive picture of open banking adoption in the UK, with one in five consumers benefiting from using the financial innovation. The report also reveals that, for the first time, we are seeing consumer adoption catch up with business use, and that there is a flourishing open banking ecosystem. Read the latest Impact Report Firms agree to fund efforts to create new company to deliver the initial phase of work for CVRPs 31 firms – including fintechs, high street and challenger banks, and payment providers – have agreed to fund and take forward the initial phase of commercial variable recurring payments (CVRPs). This will support the creation of a new entity that will be owned and run by industry, and is the next step in implementing a key element of the Government’s National Payments Vision. Read the release and list of funders OBL publishes the Commercial Model for Variable Recurring Payments Wave 1 We are pleased to publish Commercial Model for Variable Recurring Payments Wave 1, the public consultation on the Wave 1 cVRP commercial Model report prepared by Frontier Economics for OBL. We welcome your feedback on the proposals and pricing set out in the report. Please share your response by 16 May. Read the report Simplify switching products and services with Smarter Contracts’ Pulse protocol Switching products and services can help consumers make valuable savings on financial products and services – like finding better interest rates or savings accounts – but this takes time and effort. Smarter Contracts’ Pulse™ protocol aims to simplify data permissions for companies and consumers – and make switching as pain-free as possible. Read the the case study APRIL ECOSYSTEM HIGHLIGHTS 331 Regulated Providers240 Third Party Provider91 Account Providers157 Regulated entities with at least one proposition live with customers Read more Select to scroll to the previous slide Select to scroll to the next slide
OBL’s latest Impact Report reveals increased consumer adoption OBL’s seventh Impact Report paints a positive picture of open banking adoption in the UK, with one in five consumers benefiting from using the financial innovation. The report also reveals that, for the first time, we are seeing consumer adoption catch up with business use, and that there is a flourishing open banking ecosystem. Read the latest Impact Report
Firms agree to fund efforts to create new company to deliver the initial phase of work for CVRPs 31 firms – including fintechs, high street and challenger banks, and payment providers – have agreed to fund and take forward the initial phase of commercial variable recurring payments (CVRPs). This will support the creation of a new entity that will be owned and run by industry, and is the next step in implementing a key element of the Government’s National Payments Vision. Read the release and list of funders
OBL publishes the Commercial Model for Variable Recurring Payments Wave 1 We are pleased to publish Commercial Model for Variable Recurring Payments Wave 1, the public consultation on the Wave 1 cVRP commercial Model report prepared by Frontier Economics for OBL. We welcome your feedback on the proposals and pricing set out in the report. Please share your response by 16 May. Read the report
Simplify switching products and services with Smarter Contracts’ Pulse protocol Switching products and services can help consumers make valuable savings on financial products and services – like finding better interest rates or savings accounts – but this takes time and effort. Smarter Contracts’ Pulse™ protocol aims to simplify data permissions for companies and consumers – and make switching as pain-free as possible. Read the the case study
APRIL ECOSYSTEM HIGHLIGHTS 331 Regulated Providers240 Third Party Provider91 Account Providers157 Regulated entities with at least one proposition live with customers Read more
ECOSYSTEMFind all the information and support your organisation needs to create personalised open banking-enabled services. Account ProvidersForge links to a thriving community of fintechs and other innovative firms – collaborating to deliver value-adds, tailored to customers’ financial needs via their bank transaction data.Find out more Fintechs (TPPs)Build your proposition with access to the expertise and tools of a world-leading open banking ecosystem – plus the Open Banking Directory of participants.Find out more Technical service providersFrom security standards to support services, open banking gives you trusted credentials.Find out more RegulatoryInformation and guides to help you navigate open banking regulation, from the CMA order to PSD2 and beyond.Find out more
Account ProvidersForge links to a thriving community of fintechs and other innovative firms – collaborating to deliver value-adds, tailored to customers’ financial needs via their bank transaction data.Find out more
Fintechs (TPPs)Build your proposition with access to the expertise and tools of a world-leading open banking ecosystem – plus the Open Banking Directory of participants.Find out more
Technical service providersFrom security standards to support services, open banking gives you trusted credentials.Find out more
RegulatoryInformation and guides to help you navigate open banking regulation, from the CMA order to PSD2 and beyond.Find out more
March API performance99.48%Average API Availability351msAverage API Response Time99.37%Successful API Calls (%)99.55%Average API availability – weighted1990.1mSuccessful API Calls Actual0.63%Failed API CallsSee all latest figures
BENEFITS Explore the many practical ways that open banking can help you take control of your finances.
Consumers Open banking is a secure way to help you understand your day-to-day finances, find cost-effective lending, and help tackle debt. Find out more
BusinessesOpen banking data and payments solutions can help businesses manage their finances, control cash flow and improve financial forecasting.Find out more
LATEST NEWS AND INSIGHTS Thought Leadership OBL Impact Report 7: open banking delivers real-world impact as adoption accelerates year-on-year 16 May 2025 Read more Press Releases Firms agree to fund efforts to create new company to deliver the initial phase of work for commercial variable recurring payments 02 May 2025 Read more Report OBL publishes the Commercial Model for Variable Recurring Payments – Wave 1 09 April 2025 Read more Case studies Simplify switching products and services with Smarter Contracts’ Pulse permissions protocol 02 April 2025 Read more Thought Leadership The Future is Open: Navigating the Next Phase of UK Open Banking 17 March 2025 Read more
Thought Leadership OBL Impact Report 7: open banking delivers real-world impact as adoption accelerates year-on-year 16 May 2025 Read more
Press Releases Firms agree to fund efforts to create new company to deliver the initial phase of work for commercial variable recurring payments 02 May 2025 Read more
Report OBL publishes the Commercial Model for Variable Recurring Payments – Wave 1 09 April 2025 Read more
Case studies Simplify switching products and services with Smarter Contracts’ Pulse permissions protocol 02 April 2025 Read more
Thought Leadership The Future is Open: Navigating the Next Phase of UK Open Banking 17 March 2025 Read more