Open banking is one of those terms that sounds deceptively simple. At first glance, it seems to refer to a type of banking where data is simply opened up to third parties. This is true, but not enough ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

After several years of consultation, industry warnings, and media attention, formal regulation is on the way for Buy Now Pay Later (BNPL) products. From July 2026, providers will be required to carry ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

Household finances always come under strain in December, but the pressure entering the 2025 festive period is particularly acute. Recent national statistics show that nearly one in three UK households ...

When people think of digital assets and financial innovation, they often picture Silicon Valley or Wall Street. Wyoming, with its vast open spaces, unique economy and remote communities, however, ...

A quote, often attributed to Lao Tzu, states, “Nature does not hurry, yet everything is accomplished.” For all those involved in open banking, these may feel like cold words of comfort, because ...

The Consumer Financial Protection Bureau is embarking on a new open banking proposal that pits banks against fintechs and underscores the difficulty of crafting a rule that gives consumers access to ...

One of the UK’s key Financial Services industry regulators is optimistic about the future - and about learning from what the rest of the world has to offer. Whatever else it brings, 2025 will be a ...

Managing payments and customer data can feel overwhelming for merchants. High fees, slow settlements, and outdated processes often hold businesses back. Open banking platforms promise a faster, more ...