A few months into new Open Banking legislation in Europe and the UK, we ask what the rest of the world are planning to do in that regard. Will they follow suit?
A slow start by all accounts across Europe, with only a small handful of banks going 'all-in' from the onset.
With increased data security measures - GDPR - coming into force imminently, and fewer risks on face value for banks, we are likely to see things pick up speed before too long.
Have a look at what's happening around the globe!