The regulator suggests that open finance could potentially facilitate access to advice and extend support to vulnerable customers
The Financial Conduct Authority (FCA) has launched a Call for Input (CfI) on the opportunities presented by so-called ‘Open Finance', saying it could facilitate access to financial advice, among many other things. This builds on the principles of open banking - the sharing of data, which provides new ways for customers and businesses to make the most of their money. Open finance would, according to the regulator, extend those principles to a wider range of products. Open banking enables customers...
Dementia UK reaction
Macmillan Cancer Support partnership
'Protection need talking point'
New regime rolled out today