OPEN by Eliga February open banking insights

OPEN by Eliga February open banking insights

February was a month of great significance. Open banking passed 5 million users and neobanks, like Revolut and Zopa, took measures to help the people of Ukraine. In an extraordinary move, Switzerland adopted EU sanctions against Russia.   Revolut’s efforts...
Open banking adoption

Open banking adoption

From HMRC to Experian, the use cases are both numerous and widespread as open banking adoption increases across the ecosystem.   At the end of 2021, Open Banking celebrated a milestone of 4.5 million users. There was a 60% increase in new customers from December...
How did open banking start?

How did open banking start?

If you’ve just started to explore open banking solutions, it may seem like this technology has come out of nowhere, but it hasn’t. It’s come off the back of several years of regulatory work, ensuring banks work harder (and smarter) for their users.   While it...
OPEN by Eliga September insights

OPEN by Eliga September insights

In September, the open banking community was inundated with news about TrueLayer. JP Morgan Chase and Starling Bank grabbed headlines as the banks expanded and developed their offering. There was also an abundance of BNPL news as the industry gains traction.  ...
The data generation

The data generation

Published September 2021   OPEN by Eliga’s Head of Product, Chris Noakes explores the data generation from headline-grabbing news to shifting attitudes.   Data is a powerful thing Data can tell companies a lot about an individual, helping them deliver...