UK Open Banking RSS

Coadec, Coalition for a Digital Economy, Daily news, Decentralised Finance, FinTech, Mobile Banking, Open Banking, Regulation, UK Open Banking -

A new report on Open Banking by the Coalition for a Digital Economy (Coadec) states that “UK Open Banking is at a crossroads”. A multi-billion pound sector stands on the... read more

The post Report: UK Open Banking market at “crossroads” appeared first on Payments Cards & Mobile.

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API, Daily News, E-Money, Mobile Banking, Mobile Payments, Mobile Wallet, Open Banking, Open Banking Implementation Entity, PSD2, UK Open Banking -

The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their financial data and share it with organisations other than their banks, has announced a series of important enhancements to its original scope as set out [...]

The post UK’s Open Banking project expanded appeared first on Payments Cards & Mobile.

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API, Daily News, E-Money, Issuing & Acquiring, Open Banking, Open Banking API, Open Banking Implementation, Open Banking Mandate, Open Banking Working Group, PSD2, UK Open Banking -

In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces (APIs) that will go live in January 2018. This follows the release in March 2017 of the ‘Open Data’ APIs, offering standardised information on UK banking products and the location of branches and Automated Teller [...]

The post An update on UK Open Banking API implementation appeared first on Payments Cards & Mobile.

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