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Taking Open Banking to ‘the next level’ in the UK
Marion King, chair and trustee of Open Banking Limited (OBL), joins Open Banking Expo’s Ellie Duncan to explain why, following the publication of JROC’s recommendations for the UK’s Open Banking regime, she sees the organisation operating as “a guardian of standards” as it transitions to a new entity or entities. King reveals why she decided to take the role at OBL at a “pivotal point” for Open Banking in the UK and how the organisation will absorb JROC’s roadmap deadlines to 2025. Finally, Marion discusses the potential to unlock more non-sweeping VRP use cases and why Open Banking is not a competition, but why it is about leadership.
Ellie Duncan
Ellie Duncan
Head of Content Open Banking ExpoFormer Financial Times Group journalist Ellie Duncan has a decade of experience across financial services. While arguably best-known for her asset management work, she has also covered open banking, credit, private equity and entrepreneurship.
Marion King
Marion King
Chair & Trustee OBIEMarion is a highly accomplished business leader with an exemplary track record of driving growth through innovation, change and superlative people leadership. Marion is Chair and Trustee of the Open Banking Implementation Entity, where her key priorities are maintaining the existing implementation of open banking, as well as working with the Joint Regulatory Oversight Committee (JROC) to decide the future direction of open banking in the UK.
Marion also fulfils a non-executive director portfolio, contributing to the growth and advancement of financial services companies.
Marion was Director of Payments, NatWest (2015-2022), responsible for setting the Payments strategy and prior to joining NatWest, she was President of MasterCard UK & Ireland developing a world beyond cash through an innovative approach to everyday Payments.
Before joining MasterCard, Marion was CEO of VocaLink, where during her tenure the Faster Payments Service was launched and Voca and Link were merged.
Marion has held international Managing Director roles at Reuters, in London and Hong Kong.
Marion was previously chair of the Advisory Board of the Payments Association (2021-2023).
