UK: OBIE Releases Review of Open Banking Explaining Its Purpose, Progress and Potential

On July 16, 2019, the Open Banking Implementation Entity (OBIE) published a report titled “Open Banking: Preparing for lift off”, which reviews the way open banking has evolved in the year following its rollout, its potential and recommendations on how current issues and challenges may be overcome or streamlined.

In particular, the issues that the review explores are focused on:

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