FCA's 'open finance' review welcomed as new financial services era dawns

FCA's 'open finance' review welcomed as new financial services era dawns

Moves by the UK regulator the Financial Conduct Authority (FCA) to develop opportunities presented by so-called ‘open finance' have been welcomed. Open finance builds on the principles of open banking - the sharing of data which provides new ways for customers and businesses to make the most of their money. The FCA said it hopes that open finance would extend those principles to a wider range of products. By making it easier for consumers and businesses to compare price and product feat...

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Gary Robinson

Commercial Director, Head of Video at International Investment.