Four in 10 British businesses would adopt open banking for increased security benefits, but are held back by lack of understanding

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Forty two per cent of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing […] If you want more information Retail Times get in touch! Retail Times - Retail Times | Retail News | Free Retail News

May 16, 2025 - 11:26
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Four in 10 British businesses would adopt open banking for increased security benefits, but are held back by lack of understanding

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

Forty two per cent of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing […]

If you want more information Retail Times get in touch! Retail Times - Retail Times | Retail News | Free Retail News