Open Banking Transactions Dwarfed by Card Payments in UK

pymnts.com/news/payments-innovation/2025/open-banking-transactions-dwarfed-by-card-payments-in-uk

Has open banking lived up to its potential in Great Britain?
So far, not really, the Financial Times (FT) argued in a report Monday (May 26).
The report noted that opening banking has seen success in some areas, like allowing for faster lending decisions. However, the FT added, data from…

This story appeared on pymnts.com, 2025-05-26 20:08:11.
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