Click here to download open banking highlights – October 2020

Commenting on the October highlights for Open Banking, Ecosystem Development Director, David Beardmore said:

“The Open Up 2020 Challenge is all about unlocking the power of open banking to UK consumers so it was particularly encouraging to witness the calibre and volume of entrants and so many initiatives that will no doubt help consumers forge better relationships with their finances. At a time when money management is at the foremost of everyone’s mind, winners Mojo Mortgages, Moneybox, Plum and Wagestream have developed products that fulfil a genuine need in our society, and I look forward to following their progress.” 

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PoweroftheNetwork

Key Highlights

Information correct as of 31st October 2020. Produced by Open Banking Implementation Entity (OBIE).

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For further information, please contact: press@openbanking.org.uk

About Us

The Open Banking Implementation Entity (OBIE) is the entity set up by the CMA in 2016 to deliver Open Banking. Its trading name is Open Banking Limited.

OBIE is governed by the CMA and funded by the CMA9 (Allied Irish Bank, Bank of Ireland, Barclays, Danske, HSBC, Lloyds Banking Group, Nationwide, RBS Group and Santander). It works with the CMA9, as well as challenger banks, financial technology companies, third party providers and consumer groups.
OBIE’s role is to: