'It's when the bank is open and you can go in and get your money.'
Oh. / Are you sure, Voice?
'No, not really, boss. Just making conversation, like.'
Right.
Anyway ...
Open Banking Use to Surge, as Open Banking API Calls to Grow 470% Globally by 2027.
You see?
'Yeah. People will be surging to the bank.'
Maybe.
Hampshire, UK - 3rd May 2023: A new study from Juniper Research, foremost experts in the banking market, found that Open Banking usage will grow by 470% over the next 4 years, with the total number of API (Application Programming Interface) calls generated via Open Banking to exceed 580 billion by 2027, from only 102 billion in 2023.
Foremost? Whatever.
Strong interest in new Open Banking-based services, such as PFM (Personal Financial Management) tools and account access for underwriting for loans & credit, is driving this growth, as users seek to gain better control of their finances across different accounts, exacerbated by the impact of the cost-of-living crisis.
The study found that, given Open Banking's low consumer awareness, infrastructure vendors must work with the wider ecosystem to fully educate users and ensure they understand the benefits that sharing data can bring.
They can start by educating us!
Nick?
Research co-author Nick Maynard explains: "Europe has led the way on Open Banking, and is an example of how regulator-led approaches can stimulate innovation. As a well-established market, Europe's growth rate will dip compared to others, but it will still serve as an innovation hub for Open Banking development."
Oh.
ENDS
ENDS
ENDS
...
Anything else?
Well ...
And no ones knows if the squirrel is still on the roof.
'No one knows!'
I thought he went away.
Then I heard mysterious noises.
Scratching, and knocking ... thudding.
It could have been a bird, I suppose.
But ... ... ... what would a squirrel want with me???
'That other squirrel in Richmond wanted your crisps, Mikey!'
Yeah, yeah. Well, I've been avoiding him. I've been sitting somewhere else with melunch.
I'm not stupid.
Anyway ...
Yesterday morning ... I was on my way to Richmond, but changed my mind ... so I hung around Kew Bridge instead.
'Just like Ringo!'
That's right, Voice. Just like Ringo.
I was watching the boats. They were too tall to get under the bridge. The sails, you know? So, a guy in a "safety" boat had to help them. They kind of moved at an angle, you dig?
Under the bridge.
'Okay.'
Yeah.
Laters.
