The Future is Open: Navigating the Next Phase of UK Open Banking, authored by global professional services firm Alvarez & Marsal, charts open banking’s journey so far and asks industry experts what steps are necessary to ensure its future success. OBL Trustee, Marion King, comments that open banking is in its strongest position yet as data and payments continue to make ground, and consumers and businesses are seeing its benefits in day-to-day financial management and access to affordable lending. Read the report >> https://lnkd.in/eva3nWwW #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data Wayne Brown | Henk Van Hulle | Stephen Wright | NatWest | Ghela Boskovich | FDATA Global | Tom Burton | GoCardless | Charlotte Crosswell OBE | Centre for Finance, Innovation and Technology (CFIT) | Jon Greenall | Wise | Adam Jackson | Innovate Finance | James Lynn | Currensea | Phillip Mind | UK Finance
Partner at Potion - Fintech Strategy, Marketing, Investment
4wWhilst this report does a job of reflecting the position and recent history, it is extremely frustrating to see the same positions revisted 6 years after the FCA Open Finance working group did a really deep analysis of the same topics and with more detailed outputs. I hope someone can find the accelerator. OBL has a lot of talented people and many talented people have contributed before now. It is painful to watch how slowly the policy development has been moving. Top tip - please, someone introduce HMT to DWP! 😀