Open Banking: Difference between revisions

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''Banking competition''
''UK Open Banking project''.


1. ''UK Open Banking project''
A UK government-sponsored initiative focused on an open standard for Application Programming Interfaces (APIs) for UK banks to:
 
A UK government-sponsored framework to:
*Increase competition and innovation in and around banking to improve outcomes for customers; and
*Increase competition and innovation in and around banking to improve outcomes for customers; and
*Thereby support the fintech industry in the UK.
*Thereby support the fintech industry in the UK.
2. Similar initiatives for other jurisdictions.




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*[[Disruptor]]
*[[Disruptor]]
*[[Fintech]]
*[[Fintech]]
* [[Joint Regulatory Oversight Committee]]  (JROC)
*[[Open banking ]]
*[[Open banking APIs]]
*[[Open banking APIs]]
*[[PSD2]]
*[[Regtech]]
*[[Regtech]]
* [[Variable recurring payment]]  (VRP)
==Other resources==
* [https://assets.publishing.service.gov.uk/media/65806cb8e305f0001342e25b/JROC_Q4_Statement_on_Progress_Update_Dec_2023.pdf Update on actions to enable the next phase of open banking in the UK - Joint Regulatory Oversight Committee - December 2023]
*[https://www.treasurers.org/hub/treasurer-magazine/why-open-banking-will-be-better-corporate-treasurers Why open banking will be better for corporate treasurers, Web exclusive, 2019]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]

Latest revision as of 15:23, 20 January 2024

UK Open Banking project.

A UK government-sponsored initiative focused on an open standard for Application Programming Interfaces (APIs) for UK banks to:

  • Increase competition and innovation in and around banking to improve outcomes for customers; and
  • Thereby support the fintech industry in the UK.


See also


Other resources