Talk:Open banking

Some proposed changes
Information to be added or removed: To the end of the History section please add However, London-based fintech Centtrip found that about three-quarters of medium-sized to large firms surveyed believe they will benefit from Open Banking within the next couple of years, with 64% agreeing that it would save them time and 58% believing it would also save them money.

Explanation of issue: The section is incredibly biased solely including Mick’s opinion saying that open banking is “a daft idea” when research has been carried out since to prove that not everyone thinks this way. In order to keep neutrality it is important to provide both opinions towards the concept.

References supporting change:

Danainlondon (talk) 10:56, 5 February 2019 (UTC)


 * ".... firms surveyed believe they will benefit from Open Banking within the next couple of years, with 64% agreeing that it would save them time and 58% believing it would also save them money."
 * I find that hard to believe. The time to study this new system is not calculated and the costs for IT security people who they need to hire for everyone not to fall prey to hackers is not included either. Tech also changes quickly and someone will update/upgrade the system and then you need to start all over again. I still need to see an example where this system is beneficial. Who cooked this up? 2001:8003:A070:7F00:9C4:8D5A:157A:348D (talk) 05:38, 13 May 2022 (UTC)
 * Recent reports about cyber crimes and cyber frauds suggest open banking has not created more transparency for the banks to prevent fraud. If that is just another advertising vehicle, do we really need another thing that people need to check??? 2001:8003:A070:7F00:6488:8E80:C016:AED7 (talk) 02:43, 30 March 2024 (UTC)

Reply 5-FEB-2019
Regards,  Spintendo   12:30, 5 February 2019 (UTC)
 * Per WP:BALASP.

After we got a new leaflet from the bank it looks like one is automatically signed up to Open Banking. That should be a choice not obligatory. In addition, they say that people should regularly check their Open Banking settings. Why are they allowed to introduce another service without the customer's consent that causes people time and effort? It also has a pitfall - in the event of the now so widespread thefts from bank accounts you may not get your money back unless you put in the time to check your Open banking settings. That is not progress. 2001:8003:A070:7F00:E111:2346:B4A0:9AB5 (talk) 03:51, 17 August 2022 (UTC)

Proposed addition to page

 * Specific text to be added or removed: 2021 data from ECOMMPAY showed that 36% of UK business leaders reported that their company had adopted Open Banking before 2021. An additional 32% said that while they haven’t implemented Open Banking thus far, they would like to this year.


 * Reason for the change: The proposed addition contains survey data that is relevant to the article and adds useful information about current perceptions towards the topic.

WellPort12 (talk) 07:38, 8 April 2022 (UTC)
 * References supporting change: https://thefintechtimes.com/ecommpay-online-payment-providers-are-in-prime-position-to-help-the-pandemic-recovery/
 * Red information icon with gradient background.svg Not done: Questionably useful information, and clearly an attempt to mention this company in any context possible.  &#x2130; mi1y&#x29fc;T&middot;C&#x29fd; 10:23, 21 November 2022 (UTC)

Worldwide view of subject
I have added Template:Globalize as this article includes no information on open banking in African countries, even though several have implemented and regulated it in some way. Wracking 💬 00:12, 15 May 2023 (UTC)