Open Banking | 54,689 followers on LinkedIn. Helping over 15 million UK customers and businesses move, manage and make more of their money. | Open Banking LTD (formerly OBIE) set up by the UK Competition and Markets Authority to create innovative technology (APIs), data standards and the governance structures enabling the UK to implement Open Banking. Open Banking drives innovation and competition in banking services and provides secure and transparent information sharing for individuals and SMEs aiming to give customers greater control of their financial data and better value.