Open banking media kitDetails, definitions and dates – your one-stop-shop with all the facts about open banking. Scroll for more 2021 performance numbers 337 Regulated providers 245Third party providers 92Account providers 9.46bnAPI calls in 2021 25.23mnSuccessful payments Latest API performance statistics Ecosystem DistributionOpen banking ecosystem participants are spread throughout the UK. *Visual not indicative of total open banking ecosystem due to non-UK participants and organisations holding dual or multiple roles.Read more Consumer outcomesThe OBIE does not ‘log’ open banking activity in the way that a traditional payment infrastructure might. This is because no open banking activity flows through the OBIE platform. Our best window on the breadth of open banking activity comes from the Open Banking App Store.*Source: OBIE data. Chart may double-count as certain propositions cover multiple usage categories.Read more Real benefit to businessesBusinesses’ adopting solutions like cloud accounting and cashflow forecasting indicate the importance of clarity and control over their finances. As a growing number of businesses resort to eCommerce to meet customer demand, we anticipate payments to be a key area of growth for small businesses in 2021 and beyond.Visit the open banking app store Total API Volume“The rapid take up of open banking-enabled products and services across 2020 is clear proof that the appetite is there and growing fast”Read more THE OBIE’S ANNUAL REPORT2020 was a transformational year for open banking and for the OBIE. This report provides an overview of the OBIE’s activities for 2020 and 2021.Read the report Need more detail?Contact us at press@openbanking.org.uk Need some jargon busting? Read the glossary. View our glossary
Open banking media kitDetails, definitions and dates – your one-stop-shop with all the facts about open banking. Scroll for more
2021 performance numbers 337 Regulated providers 245Third party providers 92Account providers 9.46bnAPI calls in 2021 25.23mnSuccessful payments Latest API performance statistics
Ecosystem DistributionOpen banking ecosystem participants are spread throughout the UK. *Visual not indicative of total open banking ecosystem due to non-UK participants and organisations holding dual or multiple roles.Read more
Consumer outcomesThe OBIE does not ‘log’ open banking activity in the way that a traditional payment infrastructure might. This is because no open banking activity flows through the OBIE platform. Our best window on the breadth of open banking activity comes from the Open Banking App Store.*Source: OBIE data. Chart may double-count as certain propositions cover multiple usage categories.Read more
Real benefit to businessesBusinesses’ adopting solutions like cloud accounting and cashflow forecasting indicate the importance of clarity and control over their finances. As a growing number of businesses resort to eCommerce to meet customer demand, we anticipate payments to be a key area of growth for small businesses in 2021 and beyond.Visit the open banking app store
Total API Volume“The rapid take up of open banking-enabled products and services across 2020 is clear proof that the appetite is there and growing fast”Read more
THE OBIE’S ANNUAL REPORT2020 was a transformational year for open banking and for the OBIE. This report provides an overview of the OBIE’s activities for 2020 and 2021.Read the report
Need more detail?Contact us at press@openbanking.org.uk Need some jargon busting? Read the glossary. View our glossary