The new City minister has launched a census of all the UK's fintech firms and vowed ministers “will not rest on our laurels” in transforming financial services in the UK and promoting open banking.
Regulators have announced a new vision for open banking, which aims to help people and businesses see all their financial information in one place so they can take better control of their money.
Andrew Griffith told industry leaders at the Innovate Finance Global Summit event in London: “Let me be clear because I know some folk have been worried: this will be the year of delivery on the next generation of open banking."
