Open Banking: Difference between revisions
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Revision as of 19:01, 18 May 2018
Banking competition.
1. 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.
2. Similar initiatives in other jurisdictions.
