Fintech Insider Podcast by 11:FS cover image

730. News: Is Apple a fintech now?

Fintech Insider Podcast by 11:FS

00:00

The Future of Open Banking and Open Finance in the UK

Apple Pay is like a doorway to get people into engaging with that for a much deeper way in a financial life. We may see Apple moving into a few other markets, particularly ones where Goldman Sachs is present and they've got the license there. Wealth will be super interesting, but I don't think I'll go there because it's too far from their core. The joint regulatory oversight committee or JROC has laid out its plans for the future of open banking and open finance in the UK.

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