open banking and technology

Regulators holding back fintech firms

3rd March 2023 Consumer Collections | #open banking and technology

A new report from Innovate Finance, published with EY. says regulatory constraints are preventing fintech firms from boosting financial inclusion and helping consumers through a cost-of-living crunch. The report urges regulators to swiftly expand the UK’s open banking regime and loosen rules on robo-advice so consumers can access free financial guidance on managing their debts.…

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open banking and technology

Regulators holding back fintech firms

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