As of January this year, about 10% of U.K.’s population is using open banking services. The number of active users crossed the 7 million mark around the same time the country celebrated the fifth anniversary of adopting open banking regulation. Get the Full Story Complete the form to unlock...
The UK’s competition authority has announced the near completion of the country’s open banking roadmap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in a newly-released report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In July 2021, the U.K. Competition and Markets Authority (CMA) mandated the use of variable recurring payments (VRPs) as a mechanism to allow the automatic transfer of money between a customer’s own accounts (known as Sweeping). Get the Full Story Complete the form to unlock...
May 17, 2023
Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]
January 13, 2023
The UK’s competition authority has announced the near completion of the country’s open banking roadmap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
June 22, 2022
More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in a newly-released report. Get the...
February 17, 2022
More than 5 million people in the U.K. use open banking services, the country’s Open Banking Implementation Entity (OBIE) announced Thursday (Feb. 17). Get the Full Story Complete the form...
