From open banking to open finance and beyond: The future of financial data-sharing
Open finance is expanding data-sharing beyond banking, reshaping payments, lending, and financial services worldwide.
March 18, 2025
Open finance is expanding data-sharing beyond banking, reshaping payments, lending, and financial services worldwide.
Open banking faces rising fraud risks, demanding industry-wide collaboration and smarter security solutions to build trust and resilience.
Payments Association has released a report, “Transforming the UK’s Payments Infrastructure,” proposing a revamp of the UK’s payments. The paper argues that the current system of account-to-account (A2A) payments hinders
An independent paper setting out how to build commercial parity between card scheme and account-to-account rails that creates better outcomes for consumers and merchants. From a group of members of
Open banking in the UK has yet to fulfil its potential, with apparent division between banks and fintechs regarding how best to proceed and establish viable commercial models.
Join Tony Craddock, Director General and Founder of the Payments Association, for a deep dive into the evolving landscape of open banking with industry leader Marion King.
In this episode, Marion shares her insights from a distinguished career that has significantly shaped the UK’s payment sector, from introducing Faster Payments to her influential role as CEO of Vocalink and beyond. As the current Chair and Trustee of Open Banking Limited, Marion discusses the transformative impact of open banking on the UK economy, the pivotal developments expected in 2024, and the challenges and opportunities ahead.
With nearly 13 million payments enabled by open banking and a growing user base, this conversation illuminates the critical role of collaboration, innovation, and regulation in driving forward a data-shared economy and the importance of open banking as a public good. Tune in to understand how the UK positions itself at the forefront of this global movement, ensuring sustainable, fair, and innovative financial services for all.
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
