Anna Porra

Open banking was covered widely at this week's Labour Party Conference, with widespread recognition of its critical role in powering UK economic growth and innovation. A standout moment was our Policy Director, Luke Ryder joining a fintech panel alongside Luke Charters MP, TrueLayer’s Megan Coulson, Financial Conduct Authority's Sacha Sadan, and Startup Coalition’s Charlie Mercer. The discussion explored: ✅ The journey OBL is supporting with industry and regulators to secure a long-term framework for open banking; ✅ How we can accelerate progress towards Open Finance to unlock benefits for consumers, businesses and the wider economy; ✅ The growing collaboration across the ecosystem to make this vision a reality. We were also pleased to participate in Innovate Finance and EY’s roundtable on Tech’s Plan for Change, where open banking was highlighted as a prime example of UK-led innovation. Attendees welcomed the move towards a sustainable, long-term model that supports the full ecosystem and enables continued growth. OBL remains committed to working with industry, policymakers, regulators, and consumer and business representatives to support this flourishing UK sector and ensure open banking continues to play a pivotal role in driving inclusive economic growth. #OpenBanking #OpenFinance #Innovation #FinTech #FutureOfFinance #Innovation #DigitalInnovation #TechInnovation The Labour Party

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If you ever question why collaboration pays, look at this result: advocacy groups from the #payments industry including UK Finance and The Payments Association have prevented well-meaning but disproportionate regulators from imposing 'creative' but what would have been seriously damaging changes to safeguarding regulations in the UK. The team at Travers Smith led by Natalie Lewis and Matt Humphreys highlight this outcome in their article, explaining how the changes being made will mean EMIs and PIs can continue to compete on a level playing field. World class collaboration. Riccardo Tordera-Ricchi Robert Courtneidge Mitch (Munish) Trehan Neil Harris Jana Mackintosh Nuala Jackson Sophie Boissier Ben Agnew Tom Brewin https://lnkd.in/evjedX7H

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We’ve launched #PayShap request for merchants in Beta! Peach Payments, in partnership with Investec Bank, now offers #PayShap Request for Merchants - a real-time payment solution that allows businesses to request and receive payments using just a customer’s mobile number.  Why merchants are excited about #PayShap: ✨ Instant settlement – get paid in seconds, not days ✨ Lower costs – one of the cheapest payment options available ✨ Secure & frictionless checkout – no screen scraping, less fraud risk ✨ Higher conversions – a real-time payment method that keeps customers in flow Perfect for enterprises in South Africa, #PayShap helps merchants sell without delay while improving both cost efficiency and customer experience. #ThinkBigger #PayShap #PaymentsInnovation #InstantPayments #PeachPayments

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UK-US news 🚨 UK digital banking leader Starling Bank announces over $100 million investment to expand US operations, bringing their responsible digital banking model to US consumers 🏦 💻 This significant commitment demonstrates how UK fintech innovation creates value across the Atlantic, driving job creation and sustainable growth through strategic partnership 🤝 Starling's expansion showcases the power of the UK-US economic relationship in fostering financial innovation that benefits consumers on both sides of the ocean 🌎 See CEO Raman Bhatia's full statement on this major US investment below👇 #StateVisit #FinancialServices #UKIndustrialStrategy 

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Jack Henry acquires Victor Technologies to boost PaaS offering Victor was created by Jack Henry client MVB Bank in 2021, and enables banks to offer embedded payment services to fintechs and commercial customers. https://lnkd.in/ebHfjvJH

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𝗢𝗽𝗲𝗻 𝗳𝗶𝗻𝗮𝗻𝗰𝗲: 𝘂𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘀𝗺𝗮𝗿𝘁𝗲𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗨𝗞 We’re entering a pivotal phase in the UK’s open finance journey — one that moves beyond theory into tangible delivery. This year, we’ve actively engaged stakeholders and built a robust evidence base. Our latest research note, drawing on work by KPMG and Europe Economics, explores the current state of open banking and open finance in the UK. We’ve also launched two new TechSprints to accelerate innovation and shape the roadmap ahead. The sharing of financial data is already underway — but we’re pushing further. Through our sandbox, we’re exploring how smart data can enrich real-world testing environments. That’s why I’m pleased to announce our new partnership with @Raidiam, who will provide stable, production-grade sandbox access to support experimentation and scale. This work aligns with our 5-year strategy and the UK’s ambition to lead globally in open finance. It’s about anchoring confidence for industry investment, enabling leadership and coordination, and building on the momentum we’ve seen with Variable Recurring Payments. 🔗 Learn more about our partnership, the TechSprints, and how to get involved: https://lnkd.in/e2Dqz37y #FCAGrowth #SmartDataAccelerator #FinancialRegulation Colin Payne Matt Lowe Simran Singh Jasmin De Freitas Simone Plances Jessica Rusu Matthew Long Kate Collyer

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Customers are switching banks. But with the right digital experience, yours won't need to. We surveyed 4,000 customers and 400 senior banking execs across the UK and US to uncover what really drives customer loyalty and whether banks are ready to meet those expectations. Download a copy of the report. The results might surprise you: https://ow.ly/qBcn50WXj4Z

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