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Building upon the success of Open Banking in the UK

Voice of the Industry | Online & Mobile Banking | 02 Dec 2020

Imran Gulamhuseinwala OBE, Implementation Trustee for Open Banking Implementation Entity (OBIE), shares his thoughts on what the UK did right with Open Banking implementation and how it plans to build on this success

OBIE, Open Banking Implementation Entity, Open Banking, online banking, CMA, banks, incumbents, UK, Open Finance

Open Banking reaches 2 mln UK-based users

News | Online & Mobile Banking | 28 Sep 2020

The Open Banking Implementation Entity (OBIE) has reported that after six months since the 1 million user milestone has been reached, the UK user base increased to 2 million.

Open Banking, UK, United Kingdom, Open Banking Implementation Entity, OBIE, disruption, COVID-19, fintech, ecosystem, lockdown, online banking apps, open banking adoption, CMA9, banks, Starling Bank, Monzo, money management apps, account aggregation, use cases, NatWest, Nutmeg, bank transfers, Open Banking payments, sort codes, account numbers

Interview with Imran Gulamhuseinwala, Trustee of the Open Banking Implementation Entity (OBIE)

Interviews | Online & Mobile Banking | 15 Nov 2019

Imran Gulamhuseinwala, OBIE: In order to make Open Banking a success, we need to look beyond PSD2, which, despite being an amazing piece of legislation, it did not have a background of understanding of Open Banking potential when it was created

Imran Gulamhuseinwala, Open Banking Implementation Entity, OBIE, Open Banking, fintech, innovation, UK, PSD2, standardisation, CMA, consent, GDPR, security, authentication

Skipton to use Experian open banking for mortgage applications

News | Payments General | 10 Oct 2019

UK-based Skipton Building Society has adopted Experian’s Open Banking technology so that applicants can cut down the time taken to go through the paperwork cycle.

Skipton, Skipton Building Society, Experian , mortgage application, Open Banking, open banking platform, UK, Europe, paperwork cycle, Open Banking Implementation Entity, OBIE

More than 100 fintechs applied to participate in UKs Open Up 2020 Challenge

News | Payments General | 07 Oct 2019

More than 100 fintech companies have applied to participate in the UK’s Open Up 2020 Challenge.

Open Up 2020 Challenge, fintech, innovation, Open Banking, Open Banking Implementation Entity