Benefits and use cases of open banking in the UK 2023
According to a survey of a representative sample of UK consumers in 2023, the main perceived benefit of open banking was its perk of speeding up financial transactions and services, with
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percent of the respondents agreeing with this statement. Ease of use was the second most significant benefit. In terms of use cases, payments to a Log in or register to access precise data.
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party were by far the most widely used application of open banking, with Log in or register to access precise data.
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percent of the respondents making use of this function of open banking.Log in or register to access precise data.
