COADEC: Open Banking needs a tune up
COADEC, a group representing Fintech startups (as well as Fintech incumbents such as Transferwise) in The UK, is arguing for a relaxation of data sharing rules. About a one minute read.
Comment: it does seem Open Banking needs some practical refinement, so hopefully FCA will address. This isn’t a new issue and has been in the background since at least Q2 2020.