As 2018 draws to a close, so too does the first year of mandated Open Banking - a regulatory initiative to force banks to make customer data available and accessible to third party providers.
But 2018 has also seen a slower uptake rate that "has been less than expected", according to Matt Perks, head of transformation at Nationwide.
While the Open Banking regulators may have "failed to pull the banks to order" - according to Shefali Roy, chief compliance officer of Truelayer, Perks believes slow uptake is a good thing as it allows the building society to roll out Open Banking products when the time is right.
bobsguide met up with Nationwide's head of Open Banking, Matt Cox and Jason Maude, head of systems analytics at Starling to recap Open Banking in 2018 and looking ahead to 2019.
Listen on-demand as Starling and Nationwide offer their predictions, challenges and winners for Open Banking in 2019.