Mike Hobday

𝗢𝗽𝗲𝗻 𝗳𝗶𝗻𝗮𝗻𝗰𝗲: 𝘂𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘀𝗺𝗮𝗿𝘁𝗲𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗨𝗞 We’re entering a pivotal phase in the UK’s open finance journey — one that moves beyond theory into tangible delivery. This year, we’ve actively engaged stakeholders and built a robust evidence base. Our latest research note, drawing on work by KPMG and Europe Economics, explores the current state of open banking and open finance in the UK. We’ve also launched two new TechSprints to accelerate innovation and shape the roadmap ahead. The sharing of financial data is already underway — but we’re pushing further. Through our sandbox, we’re exploring how smart data can enrich real-world testing environments. That’s why I’m pleased to announce our new partnership with @Raidiam, who will provide stable, production-grade sandbox access to support experimentation and scale. This work aligns with our 5-year strategy and the UK’s ambition to lead globally in open finance. It’s about anchoring confidence for industry investment, enabling leadership and coordination, and building on the momentum we’ve seen with Variable Recurring Payments. 🔗 Learn more about our partnership, the TechSprints, and how to get involved: https://lnkd.in/e2Dqz37y #FCAGrowth #SmartDataAccelerator #FinancialRegulation Colin Payne Matt Lowe Simran Singh Jasmin De Freitas Simone Plances Jessica Rusu Matthew Long Kate Collyer

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📢 NatWest Accelerator and Google have teamed up to supercharge AI skills for start-ups. 📢 We’ve become the first bank to partner with Google and this unique partnership means our growing Accelerator community will receive the very best AI and digital marketing expertise courtesy of Google Cloud. Accelerator entrepreneurs will be able to access AI tools, cloud technology, and expert training in-person at our Accelerator hubs or via our app. All part of our strategy to support UK businesses to unlock growth in a rapidly changing tech environment, through digital upskilling, brilliant coaching and community support. Download the accelerator app and join the community: https://lnkd.in/eGRnn96m

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Tina H., Yorkshire Building Society shares a clear message: digital transformation in financial services should be less about tech and more about making things easier for customers. Hughes explains why simplicity, ease, and frictionless experiences are the real goals of digitalisation. It’s not about the latest tools, but about how those tools help meet real customer needs. https://lnkd.in/epUbneh7 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Alongside Bank of England we've worked to rebuild and modernise a core component of the UK's financial infrastructure, marking a major milestone of a multi-year transformation programme. 🤝 The successful transformation of the Real Time Gross Settlement (RTGS) service has enhanced resilience, access, and functionality, as well as delivering new foundations for innovation. Find out more: https://accntu.re/4g1ncJM #UKBanking [Accessibility description: Photo of city lights, overlaid with title 'Bank of England and Accenture announce renewal of the Real-Time Gross Settlement Service', with an Accenture logo in the bottom right.]

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Financial services are under pressure to modernise. Customers expect seamless digital experiences but legacy systems, sensitive data and diverse needs make change complex. On 27 August in Edinburgh Hippo is joining Scottish Financial Enterprise to host a roundtable and networking dinner that explores how a user centred approach can help financial organisations navigate this complexity. Drawing lessons from transformation across health, education and government we will discuss what it takes to design services that are both high performing and trusted. The discussion will be guided by three of our experts, each bringing a different perspective from real delivery: •Jack Haith, Senior UX Designer: How putting users at the heart of service design informs product strategy and drives measurable improvements •Brendan Lancaster, Principal User Researcher: Why inclusive design is critical for supporting vulnerable users and creating services that work for everyone •Nate Sheach, Senior Service Designer: What accountability and transparency with personal data mean for building trust and long term customer loyalty This is more than a conversation about technology. It is about people and how listening to them can help financial services move faster, reduce risk and deliver outcomes that matter. If you’re interested in joining us, drop Duncan Richardson, Director of Business Development - Private Sector a message to find out more. #FinancialServices #UserCentredDesign #DigitalTrust #InclusiveDesign #CustomerExperience

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