More than 10 million UK consumers and small businesses are now regularly benefiting from using open banking technology. The milestone comes six-and-a-half years after the rollout of open banking in the UK, building an ecosystem worth more than £4 billion to the economy and creating around 5000 skilled digital jobs, claims Open Banking Limited (OBL).
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UK open banking hits 10 million users
“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.”
