Open Banking Excellence

The global centre of community and knowledge driving change in #OpenBanking & #OpenFinance - supporting sector growth through insightful content & connections.

[Open Banking Excellence @OBE_Global]

Very proud to see our CEO and Founder, Helen Child, recognised on the Innovate Finance Women in Fintech Powerlist 2025.

Helen has also been named in the inaugural Hall of Fame, launched this year to celebrate ten years of the Powerlist.

An amazing achievement – congratulations to all of the other incredible women joining Helen on the list! 💜

#HappyInternationalWomensDay

[Open Banking Excellence @OBE_Global]

Introducing IGNITE 🔥💫 – Our world-class advisory service supporting governments, banks, and businesses around the world on policy, strategy, and delivery — helping you get things done.

Whether you are at the beginning of your open finance journey or focused on refining and scaling existing capabilities, we help you streamline execution and unlock greater value and profitability.

Learn more: https://t.co/SLt5IhAAq2

[Open Banking Excellence @OBE_Global]

☁️ It may have been a grey day in London, but the future of payments has never looked brighter! ☀️

We had a fantastic time connecting with innovators and industry leaders last week at EPAY SUMMIT, where conversations around the future of payments, open banking, and embedded finance took centre stage.

💡 In her keynote, Helen Child examined how to build upon the success of open banking as we move into open finance and cross sector date sharing. Highlighting the need to approach this new era with our eyes wide open to the protections and controls required – and how the silent saboteurs threaten to exploit our vulnerabilities and the confidence of the smart data economy.

She warned that “the ecosystem is scaling – our defences are not”, emphasising the risks of closing the stable door after the horse has bolted!

Helen also moderated the panel “Transforming Retail Transactions through Integrated Payments, Embedded Finance and Open Banking”, where experts discussed how instant A2A payments and hyper-personalised checkout experiences are reshaping how customers shop, pay, and connect with brands — in a market set to reach $7.2 trillion globally!

A huge thank you to the organisers and panellists for such engaging and thought-provoking sessions.

[Open Banking Excellence @OBE_Global]

The FCA commissioned new research to map the opportunities, risks, and enablers shaping the next phase of data-driven finance in the UK.

The findings underline the UK’s leadership in open banking while calling for stronger collaboration, trust, and regulatory coherence to unlock open finance’s full potential.

Together, these developments mark an important step towards a data-sharing economy — one that supports a fairer, more inclusive financial system.

Read the full report here: https://t.co/OcFWAUjWZ5

#OpenBanking #OpenFinance #FCA #DataSharingEconomy

[Open Banking Excellence @OBE_Global]

🇺🇸 Market First, Regulation Later? The American Open Banking Journey. While the U.S. has taken a unique, market-led path to open banking, the story is far from over.

Our latest blog, based on field research conducted in collaboration with Oxford University (Future of Finance and Technology Research Initiative) explores what happens when innovation moves faster than regulation – and what the U.S. can learn from the UK and EU experience.

📊 Featuring insights from banks, fintechs, aggregators, and policymakers
📍 Analysing the implications of the CFPB’s 2025 reversal of Rule 1033
💡 Asking: Can a market-driven model deliver a truly open financial ecosystem?

👉 Read the full blog here: https://t.co/klr5sGPYGh

#OpenBanking #Fintech #Regulation #FinancialInnovation #USBanking #MarketVsRegulation #OpenFinance #1033

[Open Banking Excellence @OBE_Global]

Last week at the House of Commons, we were proud to support the launch of the report “From Burden to Benefit: Streamlining SME Data Sharing to Unlock Green Finance & Economic Incentives” and the new UK SME Voluntary Emissions Standard – a critical step in reducing the reporting burden on small businesses and opening up access to green finance. A powerful way to kick off London Climate Action Week. 💚🌍🌿

This new Standard is more than a reporting tool, it’s critical infrastructure for a net zero economy. It aims to reduce barriers to accessing sustainability-linked loans, green bonds, and favourable procurement by supplying credible and trusted emissions data. A simple, proportionate approach that enables SMEs to "create once, share many". 🔁

And the timing couldn’t be better. With the Data Use and Access Act now passed, we have a legal framework that supports secure, interoperable data sharing – reinforcing this Standard with statutory backing for data portability and trust.🔒

At Open Banking Excellence (OBE), we helped develop the UK’s open banking standards. That experience proved what’s possible when regulation, innovation, and industry collaboration align. There’s a huge opportunity for the sustainability sector to learn from the open banking journey – and go even further. 🚀

📣 Yesterday’s event had echoes of the Fingleton Report moment. Who remembers that? A reminder of how quickly the UK can lead when the right infrastructure is in place. 🇬🇧

[Open Banking Excellence @OBE_Global]

📣NEW: State of the Nation Report – Digital ID in the UK 🇬🇧 As the UK stands at a crossroads in the development of digital identity and age assurance, OneID’s latest white paper explores the opportunities, risks, and what’s needed to ensure trust, safety, and innovation in both public and private sectors.

The report explores:

⭐️The role of banks vs Big Tech in digital ID
⭐️DSIT’s Digital Identity Trust Framework
⭐️AML, payments, and fraud prevention use cases
⭐️Global interoperability and lessons from abroad

💬 “If we leave ID to Big Tech, we end up being the taker. The UK must aim to be an ID maker, not an ID taker.”

👇 Read the full white paper and explore how the UK can take the lead in secure, decentralised digital identity: https://t.co/RDFAeWBb6D

@oneID @HMRCgovuk @TheFCA @CFIT_UK @SciTechgovuk #DigitalIdentity #OpenBanking #Fintech #Privacy #AML #GovTech #CyberSecurity #OneID #UKTech

[Open Banking Excellence @OBE_Global]

📣 It’s official – The Data (Use and Access) Bill has received Royal Assent and is now The Data (Use and Access) Act 👏👏👏

A milestone moment for the UK, reinforcing HM Treasury’s ambition, as set out in the National Payments Vision, for the UK to be a global leader in open finance.

Unlocking data across sectors marks a major leap forward. But the real test lies ahead; ensuring this horizontal movement doesn’t become tangled in vertical bureaucracy.

The opportunity is enormous – but only if we keep simplicity at the core of implementation.

Excited to see how this evolves! ⭐️

#SmartData #DataAccess #Regulation #OpenBanking #OpenFinance

[Open Banking Excellence @OBE_Global]

"Last year, the UK’s FinTech sector attracted $3.6 billion of investment – more than any other country bar the US."

A standout moment at Innovate Finance Global Summit this week was hearing Chancellor Rachel Reeves outline the UK’s bold and future-facing vision for financial services.

Fresh from the IMF Spring Meetings in Washington, Reeves highlighted the UK’s commitment to strengthening its global leadership - championing regulatory innovation, capital market reform, and sustainable growth.

Key highlights included:

⭐ The UK being committed to providing a regulatory environment that supports economic growth.

⭐ Draft legislation for a comprehensive Crypto Asset Regulatory Framework.

⭐ Launch of PISCES – a new exchange enabling private company share trading, giving scaleups better access to capital and a smoother path to IPO.

⭐ Plans to unlock £80bn in pension fund investment to fuel start-up, scale-up, and fast growing businesses.

⭐ A strong commitment to digital innovation, including issuing a digital gilt and developing a UK–US digital securities sandbox.

⭐ Announced that a 'Financial Services Growth and Competitiveness Strategy' will be published at Mansion House on the 15th July 2025.

The message was clear: the UK is 'backing the builders'. Creating a regulatory environment that empowers innovation, rewards ambition, and positions the UK as a world leader in fintech and digital finance.

Read the full speech here:
https://t.co/2Y0Rh2U4ph

[Open Banking Excellence @OBE_Global]

Find us tomorrow at #IFGS2025! Don't miss this exciting panel "Open Banking: From Regulation to Revolution", moderated by our CEO ✯ Helen Child ✯ Child from 12:35-13:00 in the Livery Hall.

On the panel: Louise Beaumont Mastercard, Charlotte Crosswell OBE Centre for Finance, Innovation and Technology (CFIT), Nilixa Devlukia Open Finance Association, Henk Van Hulle Open Banking, Myles Stephenson Modulr

We are working a cross-industry, game-changing project to insure the risk in #openbanking – one which will showcase the UK’s world class #insurance industry and our leadership in open banking. If you’d like to learn more, please come and say hello!

[Open Banking Excellence @OBE_Global]

Excited to be back at IFGS 2025 moderating the "Open Banking: From Regulation to Revolution" panel. A panel that gets to the heart of what we do at Open Banking Excellence. It’s the reality we’re building with regulators, innovators, and global changemakers.

Looking forward to insightful discussions and connecting with industry leaders at the Guildhall in London on 29th April 2025.

Check out the incredible speaker lineup and join us 👇
https://t.co/xAnziU60IW

#IFGS2025 #InnovateFinance #VoiceOfFinTech

[Open Banking Excellence @OBE_Global]

The FCA’s 2025–2030 Strategy lays out a clear direction: a future where open finance unlocks more innovation, more inclusion, and more control for consumers and businesses.

With a clear roadmap for the next 5 years, the FCA is doubling down on outcomes that matter — putting consumers first while enabling market growth through smarter regulation.

📄 Read the full strategy: https://t.co/5NlTm7X14m

#FCA #FinancialServices #UKFinance #Regulation #Innovation #FCAstrategy #FinTech #Compliance #FinancialInclusion

[Open Banking Excellence @OBE_Global]

What Every CEO Needs to Know About Succeeding in the U.S. Open Banking Industry. The U.S. open banking landscape is shifting fast - regulations are evolving, consumer expectations are rising, and the competition is intensifying. For financial institutions, banks, and fintechs entering the market the opportunities are vast, but so are the challenges.

How do you navigate this complex market and gain a competitive edge? Our latest guide breaks down everything CEOs need to know:
⭐️ Key regulatory developments
⭐️ How to build strategic partnerships
⭐️ Leveraging data for innovation
⭐️The role of consumer trust in open banking success

Don’t get left behind - read the full article now and take the first step toward thriving in the U.S. open banking market.

https://t.co/ttDfbn358J

#OpenBanking #Fintech #DigitalBanking #FinancialInnovation #USOpenBanking

[Open Banking Excellence @OBE_Global]

As International Women's Day approaches, we are proud to celebrate the incredible progress women have made in the financial services industry. From women first being allowed to open their own bank accounts, to founding and running major banks, women have shattered glass ceilings and paved the way for future generations.

While we've come a long way, there is still much more work to be done. The financial services sector continues to report the largest gender pay gap, with a median hourly pay gap of 21%.

We must #AccelerateAction towards gender equality in financial services to ensure that the progress we've made continues to accelerate.

Join us on a journey through time as we highlight key milestones that have shaped women’s roles in banking and finance. Together, we can continue to build a more inclusive future.

#WomenInFinance #WomenInFintech #InternationalWomensDay #IWD2025 #AccelerateAction

[Open Banking Excellence @OBE_Global]

🌙 Ramadan Mubarak!

As the holy month of Ramadan begins, we extend our warmest wishes to our colleagues, friends, and communities around the world. Ramadan is a time of reflection, gratitude, and unity, reminding us of the power of compassion, generosity, and resilience.

May this month bring you peace, joy, and blessings.

🌟 Ramadan Kareem! 🌟

[Open Banking Excellence @OBE_Global]

🚨 MAKE IT FAIR 🚨

This week, some of the UK’s biggest newspapers took a bold stand against hashtag#AI copyright plans. Their coordinated campaign, featuring striking front-page wraps, calls out the Government’s consultation on potential exemptions that could reshape copyright laws.

These proposals would allow tech firms to use copyrighted content from creatives and publishers without permission, payment, or compensation. A move that could undermine the value of creative work.

This is yet another clear signal: AI regulation isn’t optional - it’s essential.

Lord Holmes' draft AI Bill lays out a framework for responsible AI, featuring 8 real-world scenarios that highlight why balanced, fair regulation matters.

8 Realities. 8 Billion Reasons to Regulate.

Read his full report here: https://t.co/kU3tNmcZJc

Our data, our future, our AI decisions. Let’s get this right.

@InnFin @Aon_plc @TheFCA @UKOpenBanking @Daily_Express, https://t.co/XI0IRgt6qa, @DailyMirror , @dailystar , @ipapermoney , @TheSun , @thetimes

[Open Banking Excellence @OBE_Global]

Delighted to share that our January Campfire, ‘How Data Sharing Delivers Better Customer Outcomes’ has become our best-performing Campfire to date - with a staggering 865K impressions! Our expert panel explored how hashtag#AI and hashtag#data are transforming open banking, highlighting the growing importance of data ownership, accessibility, and innovation - a conversation amplified by Lord Holmes’ Data (Use and Access) Bill.

As the conversation around data accelerates, so does the need for expert guidance. At Open Banking Excellence (OBE), we provide world-class regulatory and strategic expertise through ‘Open Banking in a Box’, helping Banks, Regulators, and Governments get things done. We do this by advising on strategy, policy, and delivery.

OBE is here to support you at every stage of your open banking implementation journey. To find out more, please visit: https://t.co/kgdgD8CkHB

#OpenBankingSolutions #OpenBankingImplementation #DataOwnership #DataSharing #FinancialInclusion #DigitalTransformation

[Open Banking Excellence @OBE_Global]

Beyond Compliance: Why Consumer Duty Matters. 🗣"Data is at the core of this - not just to comply with regulation, but to rebalance the asymmetry of information between consumers and providers." - Vaughn Jenkins.

The FCA’s Consumer Duty has moved the industry beyond mere compliance - demanding that firms focus on better customer outcomes and true consumer empowerment. This isn’t just about meeting regulations. It’s about ensuring consumers can make informed financial decisions, with products and services that genuinely serve their needs.

In our latest episode of Industry Insights, our expert panel explores:

⭐ Proactive vs. Reactive Compliance
⭐ How AI and automation enhance customer experiences and outcomes
⭐️ How data-sharing levels the playing field between consumers and providers

True innovation happens when firms go beyond compliance and put consumers at the heart of their strategy.

🔗 Listen now: https://t.co/AGuqbek25O

#ConsumerDuty #OpenFinance #FinancialInclusion #FinTech #IndustryInsights #Podcast #FinancialEmpowerment