James Varga, Open Banking Expert and advocate speaks with Practical Futurist Andrew Grill and answers the question “What’s the Future of … Open Banking?"
Open Banking in the UK will help to give consumers control of their own financial data in the one place and stimulate better competition between retail banks.
This year, three pieces of critical regulation come into place. For some firms, they are seeing these changes as a giant hassle. For others, they are seeing this as a huge opportunity and a pivot [...]
True innovation beats regulation any day. I am concerned though that for large organisations they only innovate because they have been regulated to do so - the best example being GDPR and the [...]