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Open Banking in the UK: Finding the Tipping Points
2 minute read
This new report analyzes attitudes of more than 3,000 UK bank customers, and highlights key factors which must be considered for Open Banking to truly take hold in the UK. While there are still barriers to adoption, the report found cause for optimism, with a growing number of people saying they would open up access to their financial data if the proposition was right for them. It also established the tipping points at which consumers would engage with Open Banking offerings. While the research found a clear trust barrier to adoption, it sheds light on those best-placed to succeed.
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