When the UK Fintech Academic Network convened in May 2025, a provocative question echoed across its panels and breakouts: has open banking become a white elephant? Eight months later, that critique still surfaces in boardrooms and fintech forums, but it increasingly collides with evidence that open banking has moved from “initiative” to embedded infrastructure. A project once heralded as a revolution in consumer finance is now being judged for its limited visibility and uneve

The Payments Vision Delivery Committee has announced its strategy to shape the next generation of UK retail payments infrastructure. Bringing together the Treasury, Bank of England, Financial Conduct Authority and Payment Systems Regulator, the initiative marks a key milestone in delivering the government’s National Payments Vision and its ambition for a modern, inclusive and secure payments ecosystem. The new strategy outlines five strategic outcomes focused on innovation, c

The European Banking Authority (EBA) has published a new report revealing that white labelling – where financial products or services are offered under another company’s brand – is now used by more than a third of banks across the EU. The findings underscore a rapid shift in financial distribution models driven by digitalisation, platformisation, and partnerships between regulated and non-regulated entities. According to the EBA’s 2025 Spring Risk Assessment Questionnaire, 35

The Financial Conduct Authority (FCA) has announced a major new partnership and the launch of two TechSprints to fast-track the UK’s transition towards open finance, marking a significant step in its commitment to drive digital innovation across financial services. The initiative follows the FCA’s January letter to the Prime Minister, in which it pledged to use its powers to accelerate open finance and explore its potential benefits, particularly in supporting small and mediu

For the past decade, blockchain, tokenisation and stablecoins have been paraded as the future of finance. They are often described as...

Real-time payments (RTP) have rapidly become a defining feature of modern banking. With systems like the UK’s Faster Payments, the EU’s...

The application of artificial intelligence (AI) to the legislative process is rapidly moving from theory to practice. While governments...

As the global financial system becomes increasingly digital, the UK faces a critical choice. Should it issue a central bank digital...

The Payments Vision Delivery Committee has unveiled an innovative new model for the future of the UK’s retail payments infrastructure,...

In an era of relentless digital transformation, blockchain technology and cryptocurrencies offer unprecedented opportunities for...

The European Banking Authority (EBA) has today reaffirmed the continued relevance and effectiveness of standardised terminology used...

In 2007, two major events took place that would shape the future of technology and financial services: Apple launched the first iPhone,...