The UK leads the way in open banking – but can it retain its crown?

Welcome to our "future of open banking" series, by Alistair Brown, VP, Open Banking and Payments, EPAM Systems, Inc.Open banking is frequently cited as the future of FinTech, emerging as a necessary response to the somewhat opaque traditional banking systems whose shortcomings were highlighted during the global financial crisis. Thanks to a competitive established financial services market and an innovative regulatory approach, the UK has capitalised on this new sector, and is now home...