OBL publishes JROC report: Financial Crime within Open Banking journeys

Open Banking Limited (OBL) is pleased to publish the final report for JROC Workstream 2a, Financial Crime within Open Banking journeys, which is the result of extensive consultation with the ecosystem, regulators and relevant industry bodies. 

It is the first time that such a rich dataset and insights have been gathered specifically relating to fraud in open banking.

Guide to open banking and smart data in the telecoms sector

Mobile phone and broadband services are now an essential household utility, but as costs increase, many consumers and businesses are keen to find better deals.

Our guide explains how open banking can offer cost savings and support faster switching. We also examine how open banking payments can help telecoms companies streamline billing and collection.

DECEMBER HIGHLIGHTS

OBL CEO, Henk Van Hulle commented: “Open banking has made much progress in its six-year history, but 2025 potentially heralds the biggest leap yet. The passage of the Data Bill, advancement of the National Payments Vision, and the implementation of cVRPs will provide a strong foundation for the future.

The sector is the best placed it has ever been to deliver innovation and this will deliver better outcomes for consumers and businesses, enable increased competition in the payments space, and support wider economic growth.”

Small Business Saturday: how open banking helps tackle late payments and unlock SME lending

As the UK celebrates Small Business Saturday, Luke Ryder, OBL Strategy and Policy Director, sets out how open banking and smart data can help tackle two perennial problems for SMEs and sole traders: late payments and access to business borrowing.

He also explains how open banking can help businesses digitise operations, reduce administrative burdens, and unlock cost savings.

Looking to the future of commercial variable recurring payments

The National Payments Vision demonstrated that the Government has a clear agenda for the future of payments and open banking, and commercial variable recurring payments (CVRPs) have a part to play.

Nick Davey, OBL Head of Strategy, examines how CVRPs can transform the payments landscape for consumers, merchants and billers. He also sets out the first wave of use cases.

Blackbullion uses open banking to speed up student funding and support financial education

Financial education platform Blackbullion offers an open banking-powered money management app to help students in higher education get to grips with their finances.

It also uses open banking eligibility checks, powered by data firm Bud, to speed up student funding via its Funds Management System.