Business & Technology
UK Open Banking passes billion payments & 100bn API calls
The UK’s Open Banking ecosystem has passed one billion payments and 100 billion API calls across the CMA9 banks, marking twin milestones more than eight years after launch.
Data from Open Banking Limited also showed record monthly API traffic of 2.81 billion calls in June and 40.16 million Open Banking payments during the month. Average response times fell to 349 milliseconds, while weighted availability reached 99.80%.
The latest figures point to continued use of account-to-account payment services and data-sharing tools built on the Open Banking framework. The CMA9 group includes the UK’s nine largest banks and building societies by personal and business current account volumes: AIB Group, Bank of Ireland, Barclays, HSBC, Lloyds, Nationwide, Northern Bank, NatWest and Santander.
Monthly API traffic rose 4.4% from the previous month to its highest level so far. Payment volumes were broadly steady despite a 1.2% fall in Single Domestic Payments to 32.43 million.
That decline was offset by growth in Sweeping Variable Recurring Payments, or sVRPs, which rose 6.7% month on month to 7.73 million. Variable Recurring Payments allow customers to give ongoing consent for repeated payments, and growth in that category suggests wider use of a newer part of the Open Banking model.
User connections, a measure of active consents between customers and services, fell 4.2% to 18.81 million in the latest monthly data. Even so, broader trends in transactions and API volumes suggest usage remains high across the ecosystem.
Operational trends
Performance data showed improvements in speed as well as scale. The average time for a provider to respond to a payment request improved by 50 milliseconds from the previous reporting period.
Unweighted availability was 99.35%, alongside the higher weighted availability figure. Banks, fintech firms and merchants watch those metrics closely because delays or outages can disrupt payment journeys and access to financial data.
Open Banking was introduced in the UK to require major banks to provide standardised access to account data and payment initiation services through application programming interfaces, subject to customer consent. The framework has since become a core route for fintech firms and other providers to build services on top of current accounts.
Use cases range from personal finance apps and lending checks to direct account-based payments for shopping, bills and transfers. The one billion payments milestone reflects growth in payment initiation, often seen as a longer-term development than account information services.
Market position
The UK was one of the earliest large markets to implement Open Banking at scale, initially following a competition remedy linked to the retail banking market. Industry participants have long argued that common technical standards and bank participation rules have given the country a lead over many other jurisdictions.
At the same time, the sector has faced questions about commercial models, long-term governance and how to extend Open Banking into a broader Open Finance framework. The latest milestones come as policymakers and market participants continue to debate how to sustain the system beyond its original implementation phase.
Henk Van Hulle, Chief Executive Officer of Open Banking Limited, said: “These milestones reinforce the UK’s position as a global leader in Open Banking and demonstrate an ecosystem that continues to scale in both volume and capability. As adoption increases and new use cases emerge, Open Banking will play an increasingly vital role in supporting competition, innovation and growth across the UK’s financial services landscape.
“As we look ahead, our focus remains on building on these achievements. By continuing to strengthen resilience, performance and innovation, we can unlock even greater value for consumers, businesses and the wider economy, while supporting the next phase of the UK’s Open Banking and Open Finance journey.”
The figures suggest the network is handling larger volumes while maintaining high uptime across the main institutions. For providers that depend on the APIs to collect account data or initiate payments, that mix of scale and reliability is central to wider adoption.
Growth in Variable Recurring Payments is also likely to draw attention, as many in the sector see the model as one of the more practical extensions of Open Banking payments. It offers a way to automate repeated transfers from bank accounts without relying on cards, while giving customers consent controls.
Single Domestic Payments still account for most monthly Open Banking payment traffic, at 32.43 million of the 40.16 million total. But the faster growth rate in sVRPs shows where some of the market’s momentum now lies.
Crossing 100 billion API calls underlines the extent to which Open Banking has become part of the plumbing of UK retail financial services. Monthly traffic of 2.81 billion calls and payment volumes above 40 million show the system is now operating at a scale far beyond its early years.
Business & Technology
Network Rail will not reopen Botley Road early despite completion
Gas network company SGN confirmed it had repaired three minor gas leaks and left the site on Monday, August 3, six days earlier than expected.
The leaks were discovered during excavation works last month and contributed to the pushing back of the road’s reopening date, yet again, to September 20.
The completion of the gas mains replacement marked a significant step forward in the wider Oxford Station improvement project, which was originally budgeted at £161 million but is now expected to cost at least £237 million.
The development prompted hopes that Botley Road, closed beneath the rail bridge since April 2023, could reopen earlier than planned.
However, Network Rail has moved to manage expectations, saying the project remains on course to meet its existing target date rather than finish ahead of schedule.
A Network Rail spokesperson said: “We’re pleased that SGN has completed its gas mains replacement work.
“While this is an important milestone, it doesn’t necessarily mean the overall project will finish early as some remaining work is dependent on access to the railway, which we have had to rearrange to enable the replacement of the gas main.
“Our focus remains on meeting our planned deadline of 20 September for reopening Botley Road to traffic.”
While the completion of the gas works removes one of the most recent obstacles facing the scheme, Network Rail says further work under the bridge and around the station is still needed before the route can reopen to traffic.
Business & Technology
40-year-old Oxfordshire gymnastics club at risk of closure due to heat
The club is currently struggling in the summer heat, and has launched a new fundraiser to keep its gymnasts safe.
The club, which is based at Grove House Barn near Warkworth in Banbury, launched the fundraiser so it could buy and install four air conditioning units to keep its space cool.
Currently, the club hopes to raise £7,000 through the appeal so it can buy four 10kW air conditioning units and cover all the installation costs.
So far, the club has raised £380.
Karl Wade, director of Wade Gymnastics, said the club has become “increasingly warm” during the summer months due to the rising temperatures.
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Wade Gymnastics at Grove House Barn in Banbury (Image: Google Maps)
“Despite our best efforts to keep doorways and shutters open, it becomes very uncomfortable for gymnasts to play and train,” Mr Wade said.
He added: “The safety of our gymnasts and coaches is always our utmost priority.
“Unfortunately, the risk of having to close the business during these hot spells is increasing and we need to have more effective ways of keeping everyone cool.
“An air conditioning system would allow the business to stay open during those extreme hot conditions and continue to provide classes for everyone who attends.”
The gym currently delivers classes seven days a week for around 900 people, which range from toddlers to athletes competing at national level.
The gym club was founded more than four decades ago by Ruth Wade and, for the past 20 years it has been based at its current facility.
Business & Technology
Solihull Council appoints ICS.AI for AI discovery phase
SOFIAH NICHOLE SALIVIO
News Editor
Solihull Council has appointed ICS.AI to deliver the first phase of an AI Transformation Discovery programme to examine how artificial intelligence could be used across several resident-facing services.
The 24-week programme will review opportunities in Adult Social Care, Children’s Services, Economy & Infrastructure, and Public Health. It is intended to help the council decide where AI could be used and where future spending should be directed.
In this first phase, ICS.AI will assess the council’s readiness for AI and identify use cases across the four service areas. The programme is expected to produce a prioritised shortlist of about 200 use cases, including 50 validated from a finance perspective, alongside a longer-term AI Transformation Roadmap.
The work is intended to create an evidence base before any wider implementation decisions are taken. Ethics, privacy, and safeguarding will be considered throughout the assessment process.
Discovery phase
ICS.AI will use its AI Target Operating Model framework to review Solihull’s current position across five dimensions before ranking opportunities. The outputs will be based on council-owned baseline data and reviewed by public sector specialists.
The approach reflects a broader pattern among local authorities exploring AI in service delivery while facing pressure to justify spending and manage risks around data use and public accountability. Councils have also been seeking clearer business cases before committing to larger technology programmes.
Solihull said the discovery exercise would support a measured approach to service modernisation. The authority wants to identify where AI could improve services for residents while also demonstrating value for money.
“We are committed to taking a well-considered and planned approach to modernising the services we provide. By building a strong evidence base for future decisions, this programme will help us understand where the greatest AI opportunities exist. We will then be able to prioritise those improvements that will deliver the greatest benefit for residents, while ensuring full value for the council,” said Councillor Dave Pinwell, Cabinet Portfolio Holder for Resources, Solihull Council.
Public sector focus
ICS.AI said the Solihull engagement builds on work it has carried out with more than 20 public sector organisations using its AI transformation and discovery assessments. Those organisations include Derby City Council.
The company focuses on AI projects for the public sector, where interest has increased as authorities look for ways to manage demand pressures in social care, public health, and other frontline services. At the same time, councils are under scrutiny to show that new technology investments are proportionate and supported by practical evidence.
Dwayne Johnson, Chief Local Government Officer at ICS.AI, said local authorities need stronger justification before committing funds. “Local authorities need confidence that every investment is backed by robust evidence and long-term value for residents. Solihull Council is taking the right approach by starting with a structured discovery programme that builds a clear understanding of priorities before decisions are made. By developing finance-validated business cases and a practical roadmap, the council can be more proactive in the decisions it makes,” he said.
The programme’s initial outputs are expected to give Solihull a ranked view of where AI could be applied across services, the level of organisational readiness, and which projects may warrant further consideration. This first phase is focused on identifying options rather than moving directly into deployment.
For local government leaders, that distinction is becoming increasingly important as councils test AI in areas that affect vulnerable residents and essential public services. In Solihull’s case, the work spans some of the authority’s most visible functions, including care services, children’s provision, public health activity, and parts of local infrastructure planning.
The council aims to use the findings to inform later investment decisions through finance-validated business cases and a practical roadmap for future priorities.
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