OPEN by Eliga January open banking insights

OPEN by Eliga January open banking insights

2022 was off to a strong start as the OBIE celebrated a milestone of 4.5 million users. Open banking growth remains solid and cumulative.   According to openbanking.org, 3.9 million users are consumers and a further 600,000 are small businesses. Adoption saw...
OPEN by Eliga December open banking insights

OPEN by Eliga December open banking insights

As 2021 came to an end, OPEN by Eliga’s open banking news feed was dominated by the proposed reform to the 90-day rule and Amazon’s announcement that it will not accept payments from Visa’s UK credit card customers.   Open banking users no longer need to...
OPEN by Eliga January open banking insights

OPEN by Eliga October insights

In October, HSBC announced it will launch its Banking-as-a-Service (BaaS) offering with NetSuite.   According to Finextra, ‘The two firms will embed international payments and expense management services into NetSuite’s new SuiteBanking offering.’ This will make...
The legacy of Sir Grayburn: HSBC’s data-led future

The legacy of Sir Grayburn: HSBC’s data-led future

HSBC’s Chief Data Officer, Kate Platonova highlights the importance of board-level backing for a truly data-led approach. Speaking at London Tech Week, she shared the story of Sir Grayburn, who helped pave the way for the bank’s data future.   Picture...