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2 Results from "David O'Neill"

David O'Neill

David O'Neill COO at APIContext

Open banking: 4 application-specific recommendations for industry players

Our recent report analyses the performance of open banking APIs from 29 UK-based bank brands, grouped into CMA9 banks, neobanks, and traditional banks. APIContext monitored Financial-grade API (FAPI) compliant consent endpoints for each bank brand using its active monitoring platform, with around eight million API calls made between 1 July 2023, ...

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David O'Neill

David O'Neill COO at APIContext

How did UK open banking APIs perform from 2023 to 2024?

From June 2023 to July 2024, APIContext, in partnership with tomato pay, conducted approximately eight million API test calls across 29 UK banks to assess the quality of their open banking APIs. These APIs are essential for key digital services like payment processing and transfers, and their performance is regulated by the UK’s Financial Conduct ...

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