18min chapter

Fintech Insider Podcast by 11:FS cover image

897. News: LendInvest announces £500m JP Morgan raise, Enfuce launches 2-in-1 card for Europe, Open Banking roadmap completed

Fintech Insider Podcast by 11:FS

CHAPTER

Navigating Open Banking: Challenges and Innovations

This chapter explores the successful completion of the Open Banking framework and the hurdles faced by smaller banks in adapting to its requirements. It highlights the growth of neobanks, the impact of PSD2 on the payments landscape, and the transformative potential of open banking for SMEs. The discussion also touches on the innovative role of AI and data in enhancing financial decision-making and the challenges posed by recent policy changes.

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