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UK Finance brought the payments industry together to consider the future opportunity for open banking payments and how the market could collaboratively shape that future.
There are now over 2.5 million open banking payments a month compared to just 320,000 in the whole of 2018, and the recommendations in the report will help support the development of more products and services for consumers.
The key recommendations are:
You can download the full report below.
PDF: 1 KB