In the latest episode of the What the FinTech? podcast, FinTech Futures editor Paul Hindle sits down with Paul Foster, Director of Global Payment Partnerships at GoCardless, to explore the growing adoption of open banking payments with a specific focus on GoCardless’ recently published report on the topic - How To Take Open Banking Payments Mainstream.
The discussion covers the current trends and use cases driving the growth of open banking payments, the benefits of open banking payments for consumers and businesses, and the challenges of achieving widespread adoption and what practical steps are needed in order for open banking payments to hit the mainstream.
And finally, we find out what fintech buzzword Paul wants to throw into our Fintech Jail!