Pressure builds on CMA as decision on Open Banking’s future imminent

Fintech leaders have accused the CMA of “jeopardising” the UK’s open banking “pole position on the global stage” by failing to provide clarity on the future of the OBIE as well as a definition and timeline on the rollout of sweeping for Variable Recurring Payments (VRPs).

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.