Open Finance is one of the most radical innovations in the financial services sector at present. The Building Society Association (BSA) recently commissioned a piece of research on: The impact of Open Finance on Mutuals’ business models. The BSA summary states that “In the savings market, a personal finance app could use Open Finance data […]
They provide no direct revenue or income for banks. They have been described as the “killjoys of finance”. They have put the brakes on some of the most lucrative services banks can offer. Yet, they are the fastest growing job in the financial services industry. With so much focus on job growth in the tech […]
Regulators are often typified as conservative, sometimes constraining organisations that exist to put limits on the extent to which banks can innovate and trial new solutions. However, regulators worldwide do seem to be rapidly changing their approach, and banks can act swiftly to take advantage of the new outlook by using regulatory change to stay […]
