This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The milestone comes as the FCA, in a recent letter to the ...

Credit unions are taking on a more prominent role in UK lending. In 2024, lending grew by just over 10% to £2.58 billion, even as many mainstream lenders reduced risk appetite. This growth reflects a ...

Open banking doesn't grab headlines like AI, but combining these technologies can deliver exponential benefits, writes John ...

Open banking in the UK is eight years old and has become an established part of the financial services sector, but its next phase will see it help create services beyond retail banking. Following the ...

Fintech GoCardless has revealed that more than one-third of its customers are now using open banking options through its platform.

In a recent milestone for the UK’s financial sector, open banking has reached over 15 million users, encompassing both individuals and businesses, as of July 2025. This figure, equivalent to nearly ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

Bank payment company GoCardless has today announced that more than one in three customers have taken open banking payments through its platform, driving growth of ‘Pay by Bank’ across the UK economy.

Widespread adoption of open banking could generate up to £43bn a year in economic benefits for the UK, according to research published ahead of an independent assessment that will inform decisions on ...

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