3min chapter

Mr. Open Banking cover image

What is Open Banking?

Mr. Open Banking

CHAPTER

Open Banking - Is There a Regulator?

The differences you've got around the world are there are different drivers for open banking. In some mark s, you're seeing almost zero regulatory driver. The biggest learning i think we've got from the u k is that banks and vintex were very much looking at this as a competition thing. And those new services offer significant value, and it's also an easier conversation to have. Would say that if banks look at a p is or open banking as a way of offering a new channel, andapi channel, to the market then it's a much more interesting conversation.

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