Open Banking rule change

Good news. For me at least.

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I guess it’s good news for everyone :partying_face:

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I do wonder what “proving customer consent” might mean, though.

Will we still have to deal with pop-ups to secure continued consent is recorded, or will a case of not opt-ing out of continued data sharing be taken to be sufficient.

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Yes, but the experience can be much smoother.

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Actually, reading it properly, this is made clear and it sounds much more like how Starling ask users to refresh user permissions.

Perhaps the even bigger news is the FCA finally cracking down on the “loophole” of Modified Customer Interface. I personally can’t wait for MCIs to be consigned to history and hope the detail of the proposals does mandate full API support instead.

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