14 October 2020
OPEN FINANCE: CURRENT STATE OF PLAY & LESSONS FROM OPEN BANKING
The Financial Conduct Authority in the UK has made a clear commitment to supporting the expansion of open APIs in the Financial ecosystem, through its ‘Call for Input issued in December 2019. The FCA was due to publish a paper based on responses to the Call for Input in March but this is now due in October 2020. As we await the FCA’s feedback, we consider the outcomes and lessons learned from Open Banking and look ahead to the potential of Open Finance.