ODI Open Banking Standard

Just spotted a good summary of the Open Banking Standard -

http://blog.thisisbud.com/open-banking-in-3minutes/

It includes this prediction -

Research from some sources suggests that Open Banking will be very attractive to consumers. A survey by PwC suggests that banks could lose up to 24% of their business, a whopping £8.5bn in new revenue streams.

At least some of that must be going to the challenger banks, right? :eyes:

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