Financial Conduct Authority (FCA) outlines role of new open banking standards body
By Financial Conduct Authority UK
The "Future Entity" will serve as the primary standards organisation for United Kingdom (UK) open banking, monitoring technology quality and consistency to support regulatory supervision. The body is expected to facilitate variable recurring payments for household bills later this year and provide standards for commercial open banking schemes to promote sector innovation.
- Use cases, geography and tags
- Organizations that created, adopted or are mentioned
- Ecosystem position
- Link to the original asset
- Comments and reactions