Bud’s Take on the Progress of Open Banking in the UK

In an interview with PYMNTS.com, the head of network and partnerships for Bud, Alan Walsh, talks about the state of open banking in the UK; he believes that traditional banks are coming around to the idea of collaboration with fintech companies because it makes the financial lives of consumer simpler; open banking can benefit banks by fostering trust with consumers; Walsh said, “This really is where traditional players are now starting to sell and position third-party products within their own ecosystem”. Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.