Uk Open Banking Framework: a Model for Global Financial Innovation?
Year: 2025
Type: article
Abstract: Leading fintech innovators worldwide, the United Kingdom has positioned itself with its Open Banking system among the most creative legislative innovations in contemporary banking. Originally launched in 2018 by the Competition and Markets Authority (CMA), Releasing Banking was intended to demand that big banks release customer data to licensed third-party providers via safe APIs, thereby promoting consumer empowerment, innovation, and competitiveness.
Author: By Mukhammad Shovkiddinov
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6930998306
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