Ask Adam & Company a question

Is sharing my information using Open Banking safe?

Yes - Everyone involved in Open Banking must comply with Data Protection Laws and will need to be approved by the Financial Conduct Authority.

Third parties are not permitted to take any action on any account without the explicit consent of the account holder. This is a binding legal requirement placed on authorised third parties. Your information is protected and encrypted to the same level of security as the Bank’s Online Banking.

Was this answer useful?