The Payments Association welcomes the opportunity to contribute to the Financial Conduct
Authority’s Open Finance Roadmap.
The community’s response contained in this letter reflects views expressed by our members
and industry experts recommended by them who have been interviewed and who are
referenced below. As The Payment Association’s membership includes a wide range of
companies from across the payments value chain, and diverse viewpoints across all job
roles, this response cannot and does not claim to fully represent the views of all members.
We are grateful to the contributors to this response, which has been drafted by Robert
Courtneidge, our Board Advisor at The Payments Association, with assistance from
members from our Open Banking Working Group. We would also like to express our thanks
to the FCA for their continuing openness in these discussions. We hope it advances our
collective efforts to ensure that the UK’s payments industry continues to be progressive,
world-leading, and secure, and effective at serving the needs of everyone who pays and
gets paid.
