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Distribution of open banking users in the United Kingdom in January 2022

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Source

Release date

March 2022

Region

United Kingdom

Survey time period

January 2022

Citation formats

Distribution of open banking users in the United Kingdom 2022

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 8, 2022
As of January 2022, ** percent of the active open banking users in the United Kingdom were consumers. The remaining ** percent of the total number of open banking users were small businesses. Open banking allows third-party financial services providers to access consumer banking, transaction, and other financial data from banks and non-bank financial institutions. Open banking provides this data through the use of application programming interfaces (APIs).
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Open bankingBanking in the U.S.Largest banks in the UKDigital payments landscape in the United StatesFintech
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