With the official Open Banking kick-off date programmed for this weekend, it’s the topic of the moment. What will change? Is it safe to share customer data? How much information do banks need to give their customers?
Many banks have already missed the deadline, asking for extensions at the last minute, and what was originally set to be a full-steam-ahead approach to Open Banking looks now to be a more cautious, hesitant launch, on a considerably lower scale. So, come Saturday, what will change?