Fiona Fenn Smith @ffennsmith

This is a first for us: a short film that puts open banking into everyday moments. Because today, we’re celebrating two significant monthly milestones: ✨2 billion API calls ✨15 million users. These are the real ways open banking helps people. Paying bills. Booking travel. Shopping with confidence. Open banking is no longer just infrastructure. It’s part of daily life. ▶️ Watch the film and tell us: where do you see open banking making the biggest difference? (P.S. Wondering what an API call actually is? Tomorrow we’ll share a simple explainer.) 👉openbanking.org.uk/news/open-bank… #OpenBanking #FinancialInnovation #Milestone #FutureOfFinance #DigitalInnovation #TechInnovation #Payments #OpenFinance

A total of 1.988 billion API calls were recorded in May. Open banking is quietly transforming the way people interact with their finances. Each API call reflects a real-life moment - whether it's updating your business’ financial data for your accountant, or keeping your banking app in sync -these are the invisible actions helping users stay in control of their financial lives. We’re just shy of the 2 billion mark. A signal of scale - and growing trust. openbanking.org.uk/api-performanc… 👉 Where do you see the next big leap in adoption? 👉 How is open banking making a difference in your world? We’d love to hear your perspective.

Today marks the start of an exciting new chapter in the UK’s smart data journey. The Data (Use and Access) Act is now law - a major step forward for open banking, open finance, and the rollout of smart data across other sectors. This is a huge moment for the ecosystem – and just the beginning of what’s possible. 👉 What opportunities do you think this unlocks? We’d love to hear your thoughts. #DataAct #OpenBanking #SmartData #OpenFinance #FinTech #Payments #Data #DigitalTransformation

After a positive year for open banking, we ask industry and OBL experts for their views on key developments for 2025 from business borrowing to consumer protection; from financial inclusion to fraud; from the National Payments Vision to a smart data economy. Read their views >> openbanking.foleon.com/e-books/predic… #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data @AperiData @OrdoHq @WhichMoney @fsb_policy @Trustly @TheFCA @ClearScore @hmtreasury @CFIT_UK @PayPoint

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As households look to cut the cost of monthly bills, our latest guide looks at how open banking can help consumers find better deals on their mobile and broadband services with open banking powered money management apps. Read our guide here >> openbanking.org.uk/insights/guide… @VirginMediaO2 @MoneyhubEnterpr @VodafoneUK @LittleBirdieHQ @fintechfringe #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data #Broadband #Mobilephone #Utilities #Telecoms

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Following the publication of the National Payments Vision, Nick Davey, OBL Head of Strategy, examines how CVRPs can transform the payments landscape for consumers, merchants and billers. He also sets out the first wave of use cases from regulated financial services to utilities; from central and local government to charity payments. Read our editorial article > openbanking.org.uk/insights/looki… #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data #VRPs #CVRPs #NationalPaymentsVision

A huge well done to all the individuals and companies who were recognised at this year's OB Expo awards: @Equifax, @useOneID, @plend_uk @SnoopApp, @PrommtHQ, @GlobalPayInc, @VirginMoney, Chris Michael and Alfiya Khan of Ozone API, Raidiam, Carrie Forbes, @BANKIFI_global, Charlotte Wise, Banco Bci, Armalytix, and a special shout-out for our own Beccy Earwaker, who won the Unsung Hero award for her work in supporting the ecosystem behind the scenes. We are also honoured that @OpenBankingExpo has renamed its Pioneer Award to the Ted Sidgwick Award, in recognition of our colleague Ted Sidgwick, who sadly passed away earlier this year. #OBExpoAwards2014 #OpenBankingExpo2024 #OBExpo #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data #FinTech

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The latest open banking API metrics are now available. See how the account providers' open banking APIs performed in September >> openbanking.org.uk/api-performanc… #openbanking #MiData #openfinance #api #fintech #smartdata #payments #data

If you're attending @OpenBankingExpo 2024, please visit us at stand G24, and join the conversation about all things open banking, open finance, JROC and smart data. We will also be taking part in several expert panels. Read more here → openbanking.org.uk/news/obl-at-op… #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data #OBExpo

Join us at Labour Party Conference 2024! Our panel discussion, ‘Open Banking to Open Energy: Unlocking the data economy’, will explore how we can leverage the success of open banking as we move towards smart data schemes in key economic sectors. More details and sign up here > openbanking.org.uk/news/obl-at-th… #OpenBanking #SmartData #OpenFinance #OpenEnergy #Innovation #DigitalInnovation #TechInnovation #Payments #Data @SME4LABOUR @UKLabour @DavidBSampson @w9maidavale @lukejcr

OBL will be attending both Labour Party and Conservative Party Conferences this year to highlight the opportunities to build on the success of open banking as it moves towards #openfinance and #smartdata. We will also be advocating for the swift passage of the Digital Information and Smart Data Bill, to support future innovation and economic growth. Read more>> openbanking.org.uk/news/obl-at-th… @UKLabour @Conservatives #openbanking

Richard Newman, OBL Corporate Affairs Director, comments: "The Lord Mayor’s Smart Economy Networks Initiative is a timely and important step towards building a true smart data economy. This ambitious project aims to position the UK as a global hub for smart economic networks, leveraging AI, smart data, and shared ledgers to drive future growth. Working with government, regulators, and other key stakeholders we can build the foundation for a smart data economy that fosters innovation at home and abroad.” Key highlights include: -Enabling individuals to own and control their data - Developing international standards for seamless global trade and interoperability - Using smart data to support SMEs in their net zero transition - Enhancing payments, government services, retail, and more with smarter economic networks cityam.com/the-city-is-at…

Marion King, @TrusteeOBUK , commented: "June was a landmark month for the ecosystem as we announced the major milestone of 10 million open banking users. Growth in the past 12 months has been driven in part by the use of open banking data services – up 27% year-on-year, while competition has expanded the number of new and creative propositions, unlocking benefits for businesses, consumers – and the wider economy.” Read more >> openbanking.org.uk/news/open-bank… #OpenBanking #OpenFinance #SmartData #TechInnovation #Fintech #Innovation #SMEs

We welcome today’s publication of CFIT’s SME Finance Taskforce’s report - Smart Data: improving SME lending to drive economic growth which sets out a 7-point action plan to use smart data from both the public and private sectors to unlock borrowing for the UK’s 5.5 million small businesses. Read the report here >> cfit.org.uk/wp-content/upl… @iwoca @sageuk @oaknorth @AllicaBank @Experian @HSBC @LloydsBank @MastercardUK @fsb_policy @RevolutApp @TrueLayer @HMTreasury #OpenFinance #OpenBanking #SmartData #Fintech #Innovation #DigitalInnovation #TechInnovation #Payments

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Open banking is already playing a key part in the energy and utilities sectors – from affordability checks to QR codes. Our extensive new guide sets out how open banking and smart data can give UK consumers and businesses greater control over their energy consumption, costs, and environmental impact. Read our guide >> openbanking.foleon.com/e-books/energy… #OpenBanking #OpenFinance #SmartData #Energy #Utilities #Innovation #TechInnovation #Fintech #Payments #SMEs @OrdoHq @voltview @IcebreakerOne @Eviden @PayPoint @AmexUK

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We’re delighted to announce that open banking can now count more than 10m active users, demonstrating the continuing appetite for open banking products and services. The milestone follows on from the Government’s commitment to introducing a Smart Data Bill, which will build on open banking’s success, expanding smart data schemes into other key economic sectors. Find out more >> lnkd.in/e8f65uqV #OpenBanking #OpenFinance #SmartData #MiData #TechInnovation #Fintech #SMEs @hmtreasury @TrueLayer @monzo @FDATAglobal @alvarezmarsal @InnFin @CFIT_UK

Marion King, OBL Trustee, announced at today’s OBL’s Strategy Summit that open banking has reached the 10 million user milestone. King said: “I’m delighted that we’ve reached 10 million users. Consumer empowerment is core to open banking and it’s fantastic to see more and more people and small businesses take advantage of the financial opportunities open banking provides. From access to cost-effective credit, building a regular savings habit or making more informed financial decisions, open banking is delivering the means for millions of people to improve their financial wellbeing, delivering a true public good.” Find out more >> openbanking.org.uk/news/open-bank… #OpenBanking #OpenFinance #SmartData #Innovation #TechInnovation #Fintech #Payments #SMEs @hmtreasury @TrueLayer @monzo @FDATAglobal @GhelaBoskovich @CFIT_UK @alvarezmarsal @EzechiBritton @InnFin @biztradegovuk

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Payments platform Wonderful offers direct open banking payments for the UK’s small firms – helping cut card processing costs and speed up receipt of funds. Our case study explains how. openbanking.org.uk/insights/wonde… #SMEs #SmallBusinesses @wonderful_soc

Open banking is a vital part of #cloudaccounting, helping the UK’s small businesses and #soletraders manage their finances effectively and tackle late payments. Daniel Jenkinson, OBL Senior Policy Manager, sets out how in this article for @MediaplanetUK Read the article >> businessandindustry.co.uk/entrepreneurs-… #openbanking #nextgenpayments #ecommerce #payments #SMEs

The latest open banking API metrics are now available. See how the account providers' open banking APIs performed in May >> openbanking.org.uk/api-performanc… #openbanking #MiData #openfinance #api #fintech #smartdata #payments