MEDIA AND EXTERNAL ENGAGEMENT

As the UK’s small firms and sole traders celebrate 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 the UK’s SMEs and sole traders: late payments and access to business borrowing.

CEO Henk Van Hulle sets out his vision for the future of open banking, explaining how the day-to-day use of smart data schemes will be a natural evolution of open banking, edging us closer towards a smart data economy.

CEO Henk Van Hulle talks to Vixio’s Jimmie Franklin about the Data Use and Access Bill and suggests that OBL could serve as an overarching standards setting organisation across different sectors.

Henk Van Hulle, CEO, highlights the accomplishments of open banking in Scotland and looks forward to discussing future opportunities for the nation’s fintech firms with local business people, academics, researchers, and MPs and MSPs as part of OBL’s Scottish regional visit.

Marion King, Chair and Trustee, talks to Ellesheva Kissin about the completion of the Open Banking Roadmap and how it is an opportunity for the UK’s tech players and banks a chance to “wrest” back control of the lucrative experiment.

Henk Van Hulle, CEO, talks to FStech about how the industry reached its 10 million user milestone, ‘levelling up’ open banking, and the importance of prioritising the passage of the new Digital Information and Smart Data Bill through Parliament.

Marion King, Chair and Trustee, celebrates the 10 million user milestone, saying it shows the pent-up demand for secure data exchange in the UK. She also suggests four cornerstone strategies to catalyse open banking in the US, in this interview with PYMNTS.

Daniel Jenkinson, Senior Policy Manager, explains why open banking is a vital part of cloud accounting, and how it can help the UK’s small businesses and sole traders manage their finances effectively and tackle late payments in this article for Media Planet.

The OBL team made a visit to Wales for Credit Week, and highlighted how the Welsh economy benefits from a fast-evolving fintech ecosystem with a corridor of innovation across the nation.

CEO Henk Van Hulle states that uncertainty over the UK Data Protection and Digital Information bill will not affect the future of open banking, and that OBL continues to work with policymakers to deliver open banking, open finance and smart data.

CEO Henk Van Hulle explains what the latest update from the Joint Regulatory Oversight Committee means for open banking and the importance of maintaining momentum to secure the successful evolution of payment and data-sharing solutions to deliver a public good.

Open banking is a secure and convenient way for consumers and merchants to make and take payments, offering a smoother ecommerce experience. Richard Newman, Director of Corporate Affairs, explains how in Media Planet UK’s Future of Retail & Ecommerce supplement.

Richard Newman, Director of Corporate Affairs, explains how open banking has helped support financial inclusion, from affordable lending, to streamlining home-buying, to building a savings habit, in this Business Reporter article.

CEO Henk Van Hulle highlights how open banking is helping to reduce the cost of receiving money into public sector organisations, such as HMRC and local authorities, in this article in Open Banking Expo.

CEO Henk Van Hulle, spoke to the Financial Times’s Ellesheva Kissin about what still needs to be done to unlock open banking’s full potential, and speed up the revolution.

CEO Henk Van Hulle and Charlotte Crosswell, chair of the Centre for Finance, Innovation, and Technology, join podcast hosts Dave Wallace and Dharm Mistry as they delve into the transformative world of open banking and its impact on financial services, following the publication of their report, Smart Data: improving SME lending to drive economic growth.

CEO Henk Van Hulle talks to Benjamin Ensor and the 11:FS team about the milestone achievement of completing the CMA’s Open Banking Roadmap and what this means for the future of the ecosystem.

Marion King, Chair and Trustee, sat down with Tony Craddock, Director General of The Payments Association, to predict key payments topics for 2024, including open banking’s long term regulatory framework, the National Payments Vision, and the advance towards smart data.

CEO Henk Van Hulle joins a campfire chat with Open Banking Excellence and representatives from the Financial Conduct Authority, Payment Systems Regulator, NatWest and Yodlee to discuss next steps for VRPs, the transition to the future entity and priorities for the industry.