As UK banks devote more resources to enhancing their services via open banking, fintechs have an opportunity to partner with them to deliver success
, which make third-party integrations more straightforward, unlocking a series of potential use cases.
Now, these players are increasingly perceiving open banking as an opportunity for growth. While 52% of UK FIs saw open banking as an opportunity in 2019, 66.7% do so now, which is almost 10% higher than the European average.
. UK FIs have increased their spend on open banking initiatives than any other European nation in 2020, compared with 2019. Additionally, 33.3% indicated they'll seek to partner with a fintech as part of their open banking strategy in the next 12 months — the second most of its European counterparts. The combination of these factors presents a golden partnership opportunity for fintechs.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
New Tesla video shows Model 3 cars being made inside its China factory - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Fed Won’t Raise Rates Until 2025, Goldman Sachs PredictsGoldman Sachs predicts that the Federal Reserve won’t raise rates until 2025 by theothersarahh
Weiterlesen »
Danske Bank wrongly collects debt from customers due to IT errorsDenmark's largest bank Danske Bank has collected outdated or excessive debt from up to 106,000 customers due to errors in its IT system, the bank said on Monday.
Weiterlesen »
Business Insider's biggest advertising and media stories for August 31 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Eat Out to Help Out ends: Half-price meal scheme cost UK $567 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »