OBL was delighted to host its first Open Banking Strategy Summit this week. Key topics included the new Data Information and Smart Data Bill, the future entity and the expansion of open banking into open finance and beyond to create a data-driven economy. Thanks to TrueLayer

We welcome today’s publication of CFIT’s SME Finance Taskforce’s report - Smart Data: improving SME lending to drive economic growth which sets out a 7-point action plan to use smart data from both the public and private sectors to unlock borrowing for the UK’s 5.5 million small

Marion King, Marion King, Chair and Trustee of Open Banking Ltd , commented: "June was a landmark month for the ecosystem as we announced the major milestone of 10 million open banking users. Growth in the past 12 months has been driven in part by the use of open banking data services – up 27% year-on-year, while

Richard Newman, OBL Corporate Affairs Director, comments: "The Lord Mayor’s Smart Economy Networks Initiative is a timely and important step towards building a true smart data economy. This ambitious project aims to position the UK as a global hub for smart economic networks,

The CMA has just published its latest service quality indicators for business and personal banking. You can see how your bank is performing here >> lnkd.in/gTba3Thp #banking #cma #api #ipsos

Out-of-date subscriptions cost consumers millions of pounds. Little Birdie’s handy subscription and bill tracker, powered by Bud data analysis, makes it easy for consumers to monitor, manage and cancel payment. Find out how in our case study >> openbanking.org.uk/insights/littl…

With energy bills set to rise in the autumn, we explain how open banking data and budgeting apps can speed up and simplify switching electricity and gas tariffs - particularly for those who are financially vulnerable. Find out how in our guide > openbanking.foleon.com/e-books/energy…

The latest open banking API metrics are now available. See how the account providers' open banking APIs performed in July >> openbanking.org.uk/api-performanc… #openbanking #MiData #openfinance #api #fintech #smartdata #payments

Following publication of the SME Finance Taskforce report on SME lending, Nick Davey, OBL Senior Strategy and Policy Lead, and Secretary to the Taskforce, highlights how unlocking public and private sector business data could expand lending to small firms and sole traders, and

OBL will be attending both Labour Party and Conservative Party Conferences this year to highlight the opportunities to build on the success of open banking as it moves towards #openfinance and #smartdata. We will also be advocating for the swift passage of the Digital

Open banking data has helped HEY Credit Union process loans faster for members, and cut time-consuming administration (such as KYC), courtesy of AperiData’s Credit Console. Find out how open banking can deliver efficiencies for #creditunions in our case study. Read more>>