Article: UK Open Banking Adoption Is On the Rise According to New Yapily Research

Money, Open Governance

UK Open Banking Adoption Is On the Rise According to New Yapily Research

New data released by the Open Banking infrastructure provider Yapily has highlighted how all of the UK’s major retail banks have made significant improvements in their Open Banking API response times over the last 12 months since Q1 2020.

The data was compiled by Yapily through its Open Banking API infrastructure and monitoring tools. It provides tangible proof that the UK’s high street banks are making positive strides to close the gap on the challenger banks and meet the demands of UK businesses and consumers by providing the Open Banking services they want and need to confidently recover and rebuild in the coming months.

Read Full Article

Article: Top banks join Linux and open-source patent protection group

Innovation, Open Space

Top banks join Linux and open-source patent protection group

When it comes to defending the intellectual property (IP) rights of Linux and open-source software, global leading banks aren’t the first businesses to come to mind. Things have changed. Barclays, the London-based global corporate and investment bank, and the TD Bank Group, with its 26-million global customers, have joined the leading open-source IP defense group, the Open Invention Network (OIN)

For years, the OIN, the largest patent non-aggression consortium, has protected Linux from patent attacks and patent trolls. Recently, it expanded its scope from core Linux programs and adjacent open-source code by expanding its Linux System Definition.

Read Full Article