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Is open banking secure?

In the UK, open banking is regulated and must be provided in line with the Open Banking Standard. This includes API specifications, security profiles, and guidelines to enable secure connections between banks, fintechs, and other providers.

The Open Banking Directory is a list of regulated providers who are authorised to provide open banking services in the UK.

Portrait of Marianne Cassidy
Written by Marianne CassidyUpdated 11 December 2024

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