Digital Transformation, News

UK regulators tackle open banking’s funding gap

By Ellesheva Kissin
open banking
Image via Freepik

Regulators are considering plans that would usher in a “pay-to-play” model to boost open banking amid delays, “disappointing progress” and drawn-out funding struggles.

Banks and fintechs would form voluntary “multilateral agreements” to experiment with new open finance technologies, according to plans being discussed by a committee of regulators, ...

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