Ep521: How open banking is fundamentally changing the payments landscape in the UK and Europe

Charles Damen, Chief Product Officer, TokenAccount-to-account payments now pose a genuine threat to debit cards – we review the use cases and benefits. At the same time, API maturity is accelerating and pushing the boundaries of open banking with premium APIs and value-added services, a key focus for the future with VRPs but one example. Robin Amlôt of IBS Intelligence discusses the issues with Charles Damen, Chief Product Officer of the open banking platform Token, which made history by conducting the first end-to-end payment through a public bank API in the UK back in 2018.