Our latest insights

Modulr gives its take on creating an Open Banking world and the role of APIs in computer business review

Share this post

Share on facebook
Share on linkedin
Share on twitter
Share on email
Modulr gives its take on creating an Open Banking world and the role of APIs in computer business review

It’s been four months since the FCA enacted Open Banking in the UK.

So far, you may not have felt a seismic shift in financial services – but Open Banking’s supporters envisage a utopia where services like payments, lending and mortgages are more personalised and data-driven, giving consumers greater control of their money and financial wellbeing.

In January, the Revised Payment Services Directive (PSD2) – designed to bring this Open Banking vision to fruition – established the legal infrastructure for registered non-bank third-party providers (TPPs) to access customers’ bank information – with the permission of the individual in question, of course.

Read more here.

More To Explore

Login or Register

Don't have an account?

Are you part of the Payments Association community?

Not yet set up your login for the Payments Association Community Platform? Set it up now

Set up a free account for instant access to our content

You don’t need to be an Payments Association member to view the majority of our content. Simply enter your details below once to set up your login details and get access to our library of whitepapers, podcasts, consultation papers, webinars and more.

First Name*
Last Name*
Company Name*
Job Title*
Username*
Business Email Address*
Password*
Confirm Password*
Agreement*
The Payments Association exist to help drive the industry forward. As such the Payments Association may contact you about any future content or events that we think you may have a legitimate interest in. We will store your information securely and will never share your details with third parties other than the relevant resource(s) sponsor(s)/curator(s). You may opt out at any time. By clicking register you are agreeing to the terms of our Privacy Policy.

← back