Open Banking: Difference between revisions
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''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 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 | *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. | ||
Revision as of 11:17, 4 September 2019
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.
