How to Open Banking?
Open Banking offers an exciting world linking disparate providers and creating new value chains; it has the potential to fundamentally disrupt the payments market. Those that chose not to grab the opportunity could be disenfranchised or have weaker relationships with customers. To be successful there’s more to consider than APIs and plug and play. The path to success needs to meet customer expectations by harnessing technology and maintaining security . As a member of the Competition & Markets Authority Working Group we have helped to shape the UK Open Banking landscape and can share strategies to maximise opportunity.