Article | Finextra | 20 January 2021
Commercialising Open Banking - digital identity, a key opportunity for banks?Read more
By Martin Wilson, CEO, Digital Identity Net
This month marks the third anniversary of Open Banking in the UK – or more specifically, three years since Open Banking became a compliance obligation for banks. Back in 2018, users of Open Banking products and services were counted in the tens of thousands and it wasn’t until the beginning of 2020 that this number slowly reached the million-user milestone.