Business Insider: It could be easier for Facebook and Google to get into UK banking thanks to new rules starting Saturday

Business Insider: It could be easier for Facebook and Google to get into UK banking thanks to new rules starting Saturday. “New rules come into force in Britain today that force banks to open up their data to outsiders. ‘Open Banking’ begins on January 13. The new rules force Britain’s nine biggest banks to share customer data with third parties if a customer agrees. The changes are meant to improve price comparison and boost account switching.”

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