Talk:Open banking

This article is rated C-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects:

Finance & Investment Mid‑importance This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment Mid This article has been rated as Mid-importance on the project's importance scale. Software: Computing Low‑importance This article is within the scope of WikiProject Software, a collaborative effort to improve the coverage of software on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.SoftwareWikipedia:WikiProject SoftwareTemplate:WikiProject Softwaresoftware Low This article has been rated as Low-importance on the project's importance scale. This article is supported by WikiProject Computing. Computer security: Computing Low‑importance This article is within the scope of WikiProject Computer security, a collaborative effort to improve the coverage of computer security on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Computer securityWikipedia:WikiProject Computer securityTemplate:WikiProject Computer securityComputer security Low This article has been rated as Low-importance on the project's importance scale. This article is supported by WikiProject Computing (assessed as Low-importance). Things you can help WikiProject Computer security with: How you can help: Add to your watchlist the project talk page! Post there for help with articles or to suggest articles that need work. Request editing suggestions on your talk page by entering WikiProject_Computer_security into this template. Check the article alerts to participate in deletion discussions, review Good Article nominees, and review draft articles. Edit any articles that interest you. Recommended: Most popular articles that need the most work (last refreshed 1 August 2026) Popular articles (monthly top articles by views) High-importance stub-quality articles High-importance start-quality articles Mid-importance stub-quality articles Mid-importance start-quality articles Unknown-importance stub-quality articles Unknown-importance start-quality articles Review changes to popular articles or changes to talk pages. Replace deprecated archival service links. Recategorize articles in Category:Security to more specific categories Fix something on the list of articles that need cleanup, including: Clarification needed Rewrite needed Expansion needed Style editing needed Update needed Orphaned (add links from other articles to these articles) Conflict of interest Original research Promotional tone Biographies of living persons (BLP) articles lacking sources Cites no sources Cites unreliable sources Of the 3629 articles in this project 2011 or 55% are marked for cleanup, with 4098 issues in total. Editing resources: WikiProject Technology "generally reliable sources" list Wikipedia:Make technical articles understandable Wikipedia:Manual of Style § Technical language Wikipedia:Manual of Style/Computer science Computing: Security Low‑importance This article is within the scope of WikiProject Computing, a collaborative effort to improve the coverage of computers, computing, and information technology on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.ComputingWikipedia:WikiProject ComputingTemplate:WikiProject ComputingComputing Low This article has been rated as Low-importance on the project's importance scale. This article is supported by WikiProject Computer security (assessed as Low-importance). Things you can help WikiProject Computer security with: edit history watch purge How you can help: Add to your watchlist the project talk page! Post there for help with articles or to suggest articles that need work. Request editing suggestions on your talk page by entering WikiProject_Computer_security into this template. Check the article alerts to participate in deletion discussions, review Good Article nominees, and review draft articles. Edit any articles that interest you. Recommended: Most popular articles that need the most work (last refreshed 1 August 2026) Popular articles (monthly top articles by views) High-importance stub-quality articles High-importance start-quality articles Mid-importance stub-quality articles Mid-importance start-quality articles Unknown-importance stub-quality articles Unknown-importance start-quality articles Review changes to popular articles or changes to talk pages. Replace deprecated archival service links. Recategorize articles in Category:Security to more specific categories Fix something on the list of articles that need cleanup, including: Clarification needed Rewrite needed Expansion needed Style editing needed Update needed Orphaned (add links from other articles to these articles) Conflict of interest Original research Promotional tone Biographies of living persons (BLP) articles lacking sources Cites no sources Cites unreliable sources Of the 3629 articles in this project 2011 or 55% are marked for cleanup, with 4098 issues in total. Editing resources: WikiProject Technology "generally reliable sources" list Wikipedia:Make technical articles understandable Wikipedia:Manual of Style § Technical language Wikipedia:Manual of Style/Computer science

This edit request by an editor with a conflict of interest was declined. A reviewer felt that this edit would not improve the article.

Information to be added or removed: To the end of the History section please add However, London-based fintech Centtrip found that about three-quarters of medium-sized to large firms surveyed believe they will benefit from Open Banking within the next couple of years, with 64% agreeing that it would save them time and 58% believing it would also save them money.

Explanation of issue: The section is incredibly biased solely including Mick’s opinion saying that open banking is “a daft idea” when research has been carried out since to prove that not everyone thinks this way. In order to keep neutrality it is important to provide both opinions towards the concept.

References supporting change: ^[1]

Danainlondon (talk) 10:56, 5 February 2019 (UTC)Reply

".... firms surveyed believe they will benefit from Open Banking within the next couple of years, with 64% agreeing that it would save them time and 58% believing it would also save them money."

I find that hard to believe. The time to study this new system is not calculated and the costs for IT security people who they need to hire for everyone not to fall prey to hackers is not included either. Tech also changes quickly and someone will update/upgrade the system and then you need to start all over again. I still need to see an example where this system is beneficial. Who cooked this up? 2001:8003:A070:7F00:9C4:8D5A:157A:348D (talk) 05:38, 13 May 2022 (UTC)Reply

Recent reports about cyber crimes and cyber frauds suggest open banking has not created more transparency for the banks to prevent fraud. If that is just another advertising vehicle, do we really need another thing that people need to check??? 2001:8003:A070:7F00:6488:8E80:C016:AED7 (talk) 02:43, 30 March 2024 (UTC)Reply

  Edit request declined  

• Per WP:BALASP.

Regards,  Spintendo  12:30, 5 February 2019 (UTC)Reply

After we got a new leaflet from the bank it looks like one is automatically signed up to Open Banking. That should be a choice not obligatory. In addition, they say that people should regularly check their Open Banking settings. Why are they allowed to introduce another service without the customer's consent that causes people time and effort? It also has a pitfall - in the event of the now so widespread thefts from bank accounts you may not get your money back unless you put in the time to check your Open banking settings. That is not progress. 2001:8003:A070:7F00:E111:2346:B4A0:9AB5 (talk) 03:51, 17 August 2022 (UTC)Reply

This edit request by an editor with a conflict of interest was declined. A reviewer felt that this edit would not improve the article.

• Specific text to be added or removed: 2021 data from ECOMMPAY showed that 36% of UK business leaders reported that their company had adopted Open Banking before 2021. An additional 32% said that while they haven’t implemented Open Banking thus far, they would like to this year.

• Reason for the change: The proposed addition contains survey data that is relevant to the article and adds useful information about current perceptions towards the topic.

• References supporting change: https://thefintechtimes.com/ecommpay-online-payment-providers-are-in-prime-position-to-help-the-pandemic-recovery/

WellPort12 (talk) 07:38, 8 April 2022 (UTC)Reply

 Not done: Questionably useful information, and clearly an attempt to mention this company in any context possible. ℰmi1y_⧼T·C⧽ 10:23, 21 November 2022 (UTC)Reply

I have added Template:Globalize as this article includes no information on open banking in African countries, even though several have implemented and regulated it in some way. Wracking ^💬 00:12, 15 May 2023 (UTC)Reply

This article seems vague. It talks about 'sharing certain information' but does not describe what information, how it works, or what the benefits are. There is not a single well-defined use case. FreeFlow99 (talk) 15:47, 10 September 2024 (UTC)Reply