EDINBURGH EVENT ROUND-UP

OBL partnered with FinTech Scotland on a recent roundtable discussion on the future of open banking, open finance and smart data schemes, including how to encourage wider adoption of secure data-sharing schemes.

We also met with several local MPs to highlight the opportunities for economic growth presented by the fintech sector.

Read our round-up

OBL at Labour Party Conference 2024:
event round-up

OBL attended Labour Party Conference this week to highlight how the new Digital Information and Smart Data Bill (DISD) offers opportunities to drive growth in a smart data economy.

Panellists at our event, Open Banking to Open Energy, explained how smart data schemes put people in control of their data. 

Read our round-up

CMA announces official completion of the Open Banking Roadmap

The CMA has confirmed the completion of the Open Banking Roadmap, unlocking a new era of financial innovation for the UK.

This milestone means that all nine banking providers are now able offer the full suite of open banking payment and account information services, including variable recurring payments for sweeping.

Read the press release

Delivering smart data to expand small business borrowing

The new SME Finance Taskforce report on smart data and SME lending highlights how unlocking public and private sector business data could expand lending to small firms and sole traders – just one of the use cases that smart data can help enable to support economic growth.

Nick Davey, OBL Senior Strategy and Policy Lead, and Secretary to the Taskforce, explains how.

Read more

SEPTEMBER HIGHLIGHTS

“Last month saw the completion of the CMA Roadmap, and the rollout of sweeping functionality across all the CMA9 is a crucial step in extending the benefits of open banking to a broader range of customers.

The next exciting chapter will involve exploring the potential of commercial VRPs, which have the capacity to revolutionise the way businesses manage payments, and we are eager to see how third-party providers will harness this new capability to drive further innovation.”

Henk Van Hulle, OBL CEO

Regulated Providers

OPEN BANKING – THE FUTURE OF FINANCE

We provide the trusted framework to connect banks, fintechs and technical providers – simple, secure technology that’s helping more than 10 million UK consumers and businesses move, manage and make more of their money.

Find out more

ECOSYSTEM

Find all the information and support your organisation needs to create personalised open banking-enabled services.

Account Providers

Forge 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 providers

From security standards to support services, open banking gives you trusted credentials.

Find out more

Regulatory

Information and guides to help you navigate the world of open banking regulation, from the CMA order to PSD2 and beyond.

Find out more

August API performance

99.9%

Average API Availability

339ms

Average API Response Time

99.58%

Successful API Calls (%)

99.95%

Average API availability – weighted

1581.8m

Successful API Calls Actual

0.42%

Failed API Calls

See 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

Businesses

Open 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