back Back

Open Banking is still a mystery to consumers five years after its launch 

By Puja Sharma

January 17, 2023

  • A2A Payments
  • B2B payment
  • banks in UK
Share

Five years on from the launch of Open Banking in the UK, NTT DATA UK&I released new research insights into UK consumers’ understanding of Open Banking. The research revealed the majority of UK citizens (58%) still don’t understand what it is, while data security and trust are still an issue, with just 16% of consumers […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

January 13, 2023

Cash usage is decreasing in EU as digital payments rise

Read More
Next Article

January 17, 2023

What key financial transformation trends must be looked out for in 2023

Read More





Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

July 15, 2024

Global wealth growth rebounds with major shifts expected by 2030, research reveals

Read More

July 12, 2024

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

July 11, 2024

Payment security market to reach $87.4bn by 2031 driven by digital payment adoption

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024