Open Banking

2 minutes on why compliance IS a good thing for…

Some see compliance as a barrier. And this perceived ‘challenge’ of compliance – the need to treat customers fairly and always help, respect and protect their interests – can mean some are...

Blog - May 2018
16 weeks after Open Banking was brought to market

Open Banking was born out of the Open Banking Standards (OBS) report published in December 2015. The subsequent Open Banking remedy issued by the Competition and Markets Authority (CMA) in 2016...

Blog - May 2018
Watch how open banking APIs bring UK banking to the forefront of innovation
Open Bank APIs bring UK banking to the forefront of…

The emergence of open banking APIs into the UK is a landmark event in our opinion. It puts the UK ahead of the world and enables better products, services and better practices to be created. From...

Video - Feb 2018
Navigating the components of Open Banking

Open Banking will bring new challenges for lenders – their technology and IT infrastructure. Banks that are mandated to share data are carrying the cost of bringing Open Banking to market. But,...

Whitepaper - Jan 2018
The role and value of APIs in modern business

More data is in circulation than ever before and technological advancements have been significant in response to this. However, more than a third of businesses now express concern over how they can...

Blog - Dec 2017
Open banking brings control, consent and value

Open Banking is based on a set of open bank APIs. Designed to open up more choice, more coverage and more products and services to democratise services to be available to all. It will provide a...

Video - Dec 2017
Financial management: 6 examples of how Open Banking will help…

Imagine a world where data is shared in an instant, including a customer’s bank statement. That world isn’t imaginative, it’s soon to be...

Blog - Nov 2017
How do you prepare for Open Banking? Here are 6…

Business models are shifting and new technical challenges lie ahead with the implementation of Open Banking. Open Banking will provide a much deeper understanding of your...

Blog - Nov 2017
Open Banking – Embracing change in Financial Services

The arrival of Open Banking next year will require the financial services industry to become more focused on the needs of the customer. This isn’t a bad thing. Quite the contrary, it offers...

Blog - Oct 2017
6 approaches for building customer trust and gaining consent for…

As your organisation takes steps to embed Open Banking into your everyday operations, it is important to consider the order of what you need to do. One of the first objectives is to gain consent from...

Blog - Oct 2017
PSD2 – what is it?

PSD2 is a becoming a buzzword. It’s described and translated in numerous ways and for some, confusing in many ways too. Let’s look at what it is. So, PSD2 is the Payment Services Directive 2. Why...

Blog - Sep 2017
People may have new attitudes but they have the same…

In our now digitalised world there is evidence that, for some people, value and convenience are overcoming concerns over data usage. But that doesn’t mean that organisations can get away with...

Blog - Jun 2017