4 ways to ensure Open Banking doesn’t become the next Cambridge Analytica

bobsguide – The Open Banking Initiative, brought in by PSD2 on January 13, heralded the start of a new dawn. A key proponent of European Banking Authority (EBA), Financial Conduct Authority (FCA) and Competitions & Market Authority (CMA) policy, the permissioned release of customer data to third parties (TTP) from the incumbent custodians has already seen an explosion of best of breed fintech propositions anticipating the impact of the initiative.