In our third report, we examine the continued expansion and availability of open banking products and services in the UK. We also publish unique research on how small businesses are utilising cloud accounting, and how open banking-enabled cloud accountancy services have delivered efficiencies in how these businesses manage their finances, control their cash flow, and improve their decision-making.

This report is intended to provide regular insights into the development of open banking in the UK, focusing on outcomes for end users. It is built using a methodology developed by the Personal Finance Research Centre at the University of Bristol. The insights are based on several data sources and research studies which are detailed in the methodology sections. Because of the fast pace of change and difficulty in definitively establishing end user outcomes, findings are indicative and should be used for information purposes only.