Open banking data feeds

It’s seven years since open banking arrived with an obligation on the nine biggest banks to provide access to their data.

I’ve actively tracked the progress of data feeds since before this moment. Around a decade earlier I’d been one of the first people in the country to take the risk of providing my bank login details to what I hoped was a trusted party that would log in to my account scrape my data and provide it to my accounting software a then unknown product called Xero.

Open banking is more secure robust and an all-round better option. Where the UK has gone other countries are following and – at points – overtaking.

I’ve experienced it as a consumer and also as a developer and Financial Conduct Authority (FCA) regulated business using open banking data.

This article nonetheless argues that open banking has...