AUDIT PLATFORM CIRCIT USES OPEN BANKING TO STREAMLINE FINANCIAL ADMINISTRATION Circit’s audit platform uses open banking data to streamline the audit process and speed up confirmation requests, PBC lists and letters of authority for law firms, fund managers and accountants. Our case study explains how. Read more HOW OPEN BANKING IS HELPING BUSINESSES SAVE THIS SMALL BUSINESS SATURDAY The UK’s small businesses are the lifeblood of our economy. See how open banking is helping these firms and sole traders make valuable savings this Small Business Saturday. Read more APERIDATA HELPSHEY CREDIT UNION PROCESS LOANS Open banking data has helped HEY Credit Union process loans faster for members, using AperiData’s Credit Console. Find out how open banking can deliver cost savings for credit unions in our new case study. Read more PROTECTING PURCHASES ON CYBER MONDAY This Cyber Monday, UK adults will spend £3bn online and in shops. As open banking now plays a key part in the payments mix, OBL Senior Policy Manager Richard Mould explains how buyers and their purchases are protected. Read more OPEN BANKING IMPACT REPORT – OCTOBER 2023 Our latest Impact Report shows the power of payments in driving the take-up of open banking by UK businesses and consumers, along with a host of new providers and innovative products. Read more NOVEMBER HIGHLIGHTS OBL Chair and Trustee Marion King comments: “This month the Government committed to unlocking the full potential of open banking. The King’s Speech, Autumn Statement and Future of Payments Review outlined recommendations and plans to put open banking on a secure long-term footing and kickstart the ‘Smart Data Big Bang’. This will bring the benefits of open banking to the energy, banking, finance, retail, transport, homebuying and telecoms sectors. We also reached 7.95 million active users of open banking, and further legislative, regulatory and market progress will see this figure climb, bringing more innovative products and services to the public.” Regulated providers GUIDE TO OPEN BANKING FOR BUSINESSES Our new guide explains how open banking can help the UK’s 5.5m sole traders and small to medium-sized firms access cost-effective lending, speed up late payments, cut card costs and benefit from real-time business insights. Read more OPEN BANKING – THE FUTURE OF FINANCE We provide the trusted framework to connect banks, fintechs and technical providers – simple, secure technology that’s helping 7 million UK customers and businesses move, manage and make more of their money. Find out 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 busy community of fintechs and other innovative firms – collaborating to deliver new 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 a Directory of participants which are ready to embrace your offering.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 the world of open banking regulation, from the CMA order to PSD2 and beyond.Find out more October API performance98.41%Average API Availability397msAverage API Response Time99.22%Successful API Calls (%)99.60%Average API availability – weighted1174.4mSuccessful API Calls Actual0.78%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 Case studies How audit platform Circit uses open banking to streamline financial administration 05 December 2023 Read more Thought Leadership How open banking is helping businesses save this Small Business Saturday 30 November 2023 Read more Thought Leadership Cyber Monday – how open banking payments are protected for consumers 27 November 2023 Read more Case studies AperiData’s Credit Console expands access to loans for HEY Credit Union customers 24 November 2023 Read more Report New Impact Report reveals increased adoption and product innovation 16 November 2023 Read more
AUDIT PLATFORM CIRCIT USES OPEN BANKING TO STREAMLINE FINANCIAL ADMINISTRATION Circit’s audit platform uses open banking data to streamline the audit process and speed up confirmation requests, PBC lists and letters of authority for law firms, fund managers and accountants. Our case study explains how. Read more HOW OPEN BANKING IS HELPING BUSINESSES SAVE THIS SMALL BUSINESS SATURDAY The UK’s small businesses are the lifeblood of our economy. See how open banking is helping these firms and sole traders make valuable savings this Small Business Saturday. Read more APERIDATA HELPSHEY CREDIT UNION PROCESS LOANS Open banking data has helped HEY Credit Union process loans faster for members, using AperiData’s Credit Console. Find out how open banking can deliver cost savings for credit unions in our new case study. Read more PROTECTING PURCHASES ON CYBER MONDAY This Cyber Monday, UK adults will spend £3bn online and in shops. As open banking now plays a key part in the payments mix, OBL Senior Policy Manager Richard Mould explains how buyers and their purchases are protected. Read more OPEN BANKING IMPACT REPORT – OCTOBER 2023 Our latest Impact Report shows the power of payments in driving the take-up of open banking by UK businesses and consumers, along with a host of new providers and innovative products. Read more NOVEMBER HIGHLIGHTS OBL Chair and Trustee Marion King comments: “This month the Government committed to unlocking the full potential of open banking. The King’s Speech, Autumn Statement and Future of Payments Review outlined recommendations and plans to put open banking on a secure long-term footing and kickstart the ‘Smart Data Big Bang’. This will bring the benefits of open banking to the energy, banking, finance, retail, transport, homebuying and telecoms sectors. We also reached 7.95 million active users of open banking, and further legislative, regulatory and market progress will see this figure climb, bringing more innovative products and services to the public.” Regulated providers GUIDE TO OPEN BANKING FOR BUSINESSES Our new guide explains how open banking can help the UK’s 5.5m sole traders and small to medium-sized firms access cost-effective lending, speed up late payments, cut card costs and benefit from real-time business insights. Read more OPEN BANKING – THE FUTURE OF FINANCE We provide the trusted framework to connect banks, fintechs and technical providers – simple, secure technology that’s helping 7 million UK customers and businesses move, manage and make more of their money. Find out more Select to scroll to the previous slide Select to scroll to the next slide
AUDIT PLATFORM CIRCIT USES OPEN BANKING TO STREAMLINE FINANCIAL ADMINISTRATION Circit’s audit platform uses open banking data to streamline the audit process and speed up confirmation requests, PBC lists and letters of authority for law firms, fund managers and accountants. Our case study explains how. Read more
HOW OPEN BANKING IS HELPING BUSINESSES SAVE THIS SMALL BUSINESS SATURDAY The UK’s small businesses are the lifeblood of our economy. See how open banking is helping these firms and sole traders make valuable savings this Small Business Saturday. Read more
APERIDATA HELPSHEY CREDIT UNION PROCESS LOANS Open banking data has helped HEY Credit Union process loans faster for members, using AperiData’s Credit Console. Find out how open banking can deliver cost savings for credit unions in our new case study. Read more
PROTECTING PURCHASES ON CYBER MONDAY This Cyber Monday, UK adults will spend £3bn online and in shops. As open banking now plays a key part in the payments mix, OBL Senior Policy Manager Richard Mould explains how buyers and their purchases are protected. Read more
OPEN BANKING IMPACT REPORT – OCTOBER 2023 Our latest Impact Report shows the power of payments in driving the take-up of open banking by UK businesses and consumers, along with a host of new providers and innovative products. Read more
NOVEMBER HIGHLIGHTS OBL Chair and Trustee Marion King comments: “This month the Government committed to unlocking the full potential of open banking. The King’s Speech, Autumn Statement and Future of Payments Review outlined recommendations and plans to put open banking on a secure long-term footing and kickstart the ‘Smart Data Big Bang’. This will bring the benefits of open banking to the energy, banking, finance, retail, transport, homebuying and telecoms sectors. We also reached 7.95 million active users of open banking, and further legislative, regulatory and market progress will see this figure climb, bringing more innovative products and services to the public.” Regulated providers
GUIDE TO OPEN BANKING FOR BUSINESSES Our new guide explains how open banking can help the UK’s 5.5m sole traders and small to medium-sized firms access cost-effective lending, speed up late payments, cut card costs and benefit from real-time business insights. Read more
OPEN BANKING – THE FUTURE OF FINANCE We provide the trusted framework to connect banks, fintechs and technical providers – simple, secure technology that’s helping 7 million UK customers and businesses move, manage and make more of their money. Find out more
ECOSYSTEMFind all the information and support your organisation needs to create personalised open banking-enabled services. Account ProvidersForge links to a busy community of fintechs and other innovative firms – collaborating to deliver new 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 a Directory of participants which are ready to embrace your offering.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 the world of open banking regulation, from the CMA order to PSD2 and beyond.Find out more
Account ProvidersForge links to a busy community of fintechs and other innovative firms – collaborating to deliver new 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 a Directory of participants which are ready to embrace your offering.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 the world of open banking regulation, from the CMA order to PSD2 and beyond.Find out more
October API performance98.41%Average API Availability397msAverage API Response Time99.22%Successful API Calls (%)99.60%Average API availability – weighted1174.4mSuccessful API Calls Actual0.78%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 Case studies How audit platform Circit uses open banking to streamline financial administration 05 December 2023 Read more Thought Leadership How open banking is helping businesses save this Small Business Saturday 30 November 2023 Read more Thought Leadership Cyber Monday – how open banking payments are protected for consumers 27 November 2023 Read more Case studies AperiData’s Credit Console expands access to loans for HEY Credit Union customers 24 November 2023 Read more Report New Impact Report reveals increased adoption and product innovation 16 November 2023 Read more
Case studies How audit platform Circit uses open banking to streamline financial administration 05 December 2023 Read more
Thought Leadership How open banking is helping businesses save this Small Business Saturday 30 November 2023 Read more
Thought Leadership Cyber Monday – how open banking payments are protected for consumers 27 November 2023 Read more
Case studies AperiData’s Credit Console expands access to loans for HEY Credit Union customers 24 November 2023 Read more
Report New Impact Report reveals increased adoption and product innovation 16 November 2023 Read more