Open Banking

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

• Application programming interface
• Blockchain
• Disruptor
• Fintech
• Joint Regulatory Oversight Committee (JROC)
• Open banking
• Open banking APIs
• PSD2
• Regtech
• Variable recurring payment (VRP)

Other resources

• Update on actions to enable the next phase of open banking in the UK - Joint Regulatory Oversight Committee - December 2023

• Why open banking will be better for corporate treasurers, Web exclusive, 2019