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OBL celebrates seventh anniversary of PSD2 and the creation of open banking

Open Banking

The CMAs investigation into the retail banking market (whose findings were published in August 2016) concluded that older and larger banks do not compete hard enough for customers business and that open banking should deliver a new, secure option for customers to be able to compare the deal they are getting from their bank.

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UK reaches 7 million Open Banking users milestone

Open Banking

Open Banking Ltd (OBL) was set up by the CMA9 in September 2016 as required under the Competition & Markets Authority’s (CMA) Retail Banking Market Investigation Order 2017 to fulfil one of the remedies mandated by the CMA following a market investigation into UK retail banking. Create security and messaging standards.

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Open Banking Limited publishes Trustee End of Implementation Roadmap summary report

Open Banking

Charlotte Crosswell OBE , Chair and Trustee of OBIE, said : “Open Banking has come a long way since the CMA’s Retail Banking Market Investigation in 2016. Open Banking Ltd is the entity set up by the CMA9 as ordered by the CMA in 2016 to deliver open banking. Today, more than 6.5 ” Notes to editors: 1.

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The OBIE marks completion of CMA Open Banking Roadmap on fifth anniversary

Open Banking

Following a requirement by the CMA in 2016 to deliver open banking, the OBIE was created by the nine largest current account providers in Great Britain and Northern Ireland (the CMA9). Since then, the OBIE has played a key role in the successful implementation of open banking in the UK. .”

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Open Banking Limited announces search for new Chair and Trustee

Open Banking

Notes to Editors For enquiries, please contact: CiceroOpenBankingPR@cicero-group.com , 020 7297 5965 About the Open Banking Implementation Entity (OBIE) Open Banking Ltd is the entity set up by the CMA9 as ordered by the CMA in 2016 to deliver open banking. Create security and messaging standards.