Global News & Spotlights

FDATA successful in collaborative bid for £23m GOFCoE funding

Following recent notification by the UK Government, we are delighted to announce that the Global Open Finance Centre of Excellence (GOFCoE) has been successful in acquiring a seed fund of £23m by way of grant, to cornerstone its investment strategy. This major award is part of a much larger funding strategy to build a world-class [...]

FINANCIAL DATA AND TECHNOLOGY ASSOCIATION AND OPEN ID FOUNDATION IN GLOBAL AGREEMENT

Not-for-profits to campaign jointly on open finance initiatives The OpenID Foundation (OIDF), the international standardisation organisation which maintains a standard known as the Financial-grade API (FAPI), and the Financial Data and Technology Association (FDATA Global), the global trade association for companies working to promote ‘open finance’ and best practise financial data sharing, have signed a […]

FDATA WELCOMES THE START OF OPEN BANKING

Leading fintech trade association calls launch “the first waypoint on a long journey” The Financial Data and Technology Association, the leading advocate of open banking in the UK and around the world, has welcomed the parallel implementation of PSD2 across Europe, and the launch of Open Banking amongst the large banks here in the UK. […]

Open Banking 2020-2030 Summit

FDATA is hosting a Summit in December to chart the Open Banking journey to 2030. Open banking is the midwife of innovation. It is driving innovation at a breathtaking rate. The consumer tools of the future have not yet been invented. This is the fintech revolution in action. But the journey is long, and we’ve […]

FDATA Chairman named Fintech convener

Gavin Littlejohn, Chairman of the Financial Data and Technology Association, has been named by the Implementation Entity as the Convener of its Advisory Group on Fintech, and a result will take a seat on the body’s Steering Committee. The Implementation Entity is the group tasked by the Competition and Markets Authority with delivering an open […]

FDATA welcomes first bank to its membership

The Financial Data and Technology Association (FDATA) has announced that Sainsbury’s Bank has joined as a member. Sainsbury’s Bank is the first bank to join FDATA, and takes its total number of members to 14 at a critical time for the implementation of open banking. Sainsbury’s Bank was the first supermarket bank to be established […]

FDATA welcomes new open banking push

The Financial Data and Technology Association (FDATA) has welcomed the decision by the Open Data Institute (ODI) to convene a new group to continue the work of the 2015 Open Banking Working Group. The new group, which includes FDATA, will meet on 14th April for its first discussion. Commenting, FDATA’s Executive Director Andy Maciver said: “A […]

FDATA Director to sit on HMT’s Open Banking Working Group

Andy Maciver, FDATA’s Director, has been invited to be a member of the Steering Committee of the Open Banking Working Group (OBWG). The OBWG has been formed to build upon the UK Government’s call for evidence on data sharing and open data in banking, and has a remit to deliver a framework for an open API […]

GROUP LAUNCHES TO GIVE BANK CUSTOMERS CONTROL OF THEIR FINANCES

Today sees the launch of a new trade association to represent financial technology (‘fintech’) companies who aggregate account data to enable consumers to make better decisions and take control of their finances.

GROUP LAUNCHES TO GIVE BANK CUSTOMERS CONTROL OF THEIR FINANCES

Today sees the launch of a new trade association to represent financial technology (‘fintech’) companies who aggregate account data to enable consumers to make better decisions and take control of their finances.

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