Stephen Stroud

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

93

2 Comments

Monzo Bank has become the latest bank to join the MTD goldrush as the digital bank announces that sole traders and landlords will be able to file taxes directly to HMRC from their business bank account without the need for separate software. The filing tool, provided via a partnership with Sage Embedded services, supports the quarterly MTD submissions and end-of-year returns, starting from the 2026/2027 tax year. Monzo joins the likes of NatWest Group, Starling and Tide in the race to attract business bank accounts -- a recommended step in the MTD process. Full story in the comments below 👇

123

9 Comments

💡 Yaspa is opening a new tech hub in Leeds, led by David Turner who has joined the fintech as head of engineering. Chris Watkins, Yaspa's chief people officer, said: "We see Leeds as the ideal location to open our second UK office, with access to a strong pool of software engineering talent. It also has a strong reputation for talent with experience in iGaming, thanks to the companies that are also located there." Read more at the 🔗 James Neville Kate Marsden Ellie Hill Amie Kadhim #fintech #openbanking #openfinance #igaming #payments #technology https://lnkd.in/dJcs_RYY

35

1 Comment

🚀 How Open Banking is reshaping mortgage lending at Leeds Building Society 🏡 We’re on a mission to help lenders create faster, fairer, and more inclusive digital mortgage journeys. That’s why we’re proud to partner with Leeds Building Society. Together, we’ve taken a major step forward in transforming the mortgage experience. By integrating our Open Banking service, Leeds Building Society is streamlining applications by further enhancing the automation within the journey. 🔍 Discover how we tackled key challenges and co-created a modern, consumer-first mortgage journey in a competitive digital landscape: https://lnkd.in/eK4D6mdP #OpenBanking #DigitalTransformation

54

1 Comment

📢 NatWest Accelerator and Google have teamed up to supercharge AI skills for start-ups. 📢 We’ve become the first bank to partner with Google and this unique partnership means our growing Accelerator community will receive the very best AI and digital marketing expertise courtesy of Google Cloud. Accelerator entrepreneurs will be able to access AI tools, cloud technology, and expert training in-person at our Accelerator hubs or via our app. All part of our strategy to support UK businesses to unlock growth in a rapidly changing tech environment, through digital upskilling, brilliant coaching and community support. Download the accelerator app and join the community: https://lnkd.in/eGRnn96m

85

6 Comments

The Insolvency Service knew AI could supercharge its work supporting the #UK economy. But it needed trusted experts to lead them into this new territory and build a plan for its AI rollout. Enter Aiimi. Find out how we developed a roadmap for high-value AI to support the government agency ➡️ https://lnkd.in/e__ZirNy #AI #AIstrategy #AIusecases #UKeconomy #UKgov #GovTech #Government #FinancialServices #BusinessAI #AIethics

23