Open Banking

…sits across the NPP in terms of new payments platforms PayID Pay 2 and the um, um real time payment settlement and that transition away from Beccs as the legacy A2A rails but also thinking about open banking and CDR as well as that potential.…

…uh providers as well and we work with companies that are adopting uh technology in a similar format but where we are seeing kind of uh us heading in kind of this next phase uh as well we entered the open banking space with a whole different way of kind of helping consumers connect their accounts uh and kind of bringing it to life with lenders such as figure where we also bring is real time connectivity for their accounts and…

…So stablecoins, tokenized deposits, and, when you throw in the impact on instant payment rails and open banking, all of those concepts coming together are challenging banks in a way they've not been challenged before.…

…94 00:04:53,360 - > 00:04:58,800 And now it it's um it feels like the stakes are higher with um 95 00:04:59,120 - > 00:05:02,399 you you you're also an expert in open banking and you've done a 96 00:05:02,399 - > 00:05:02,959 lot of work there.…

…And so certainly in the uk, open banking replaced them with uh, what we call application programming interfaces, APIs.…