Finexer has published the UK Open Banking Data and Payments Automation Landscape Report – a 39-page research report based on a survey of 418 UK senior decision-makers across finance, technology, operations, and compliance, conducted in August 2026.
The report examines how UK organisations currently manage banking data and payment processes, where operational failures concentrate, and what the gap between manual and automated workflows is costing businesses in practice.
What the research found
The findings are direct. Fragmentation is the norm, not the exception:
- 90% of organisations surveyed manage two or more banking or payment providers – only 10% operate on a single unified platform
- 45% run mixed manual and automated payment processes
- 42% reported a delay confirming payment arrival in the past 12 months
- 40% experienced a delayed payout
- 96% experienced at least one of nine operational failures measured in the study
The data points to a consistent pattern. The tools and connections exist. The problem is that they are not joined up – and the gaps between systems are where delays, errors, and operational load accumulate.
Why this report matters
Most conversations about Open Banking focus on adoption numbers and payment volumes. This report focuses on operations – what is actually happening inside the finance and payments workflows of UK platforms and businesses, and where the friction sits.
For scaleups building accounting software, payroll platforms, legal technology tools, or ERP systems, the findings confirm what their own teams already experience: managing multiple banking providers, reconciling payment confirmations manually, and chasing delayed payouts are not edge cases. They are the standard operating model for most organisations.
Where this goes
The report includes a scored diagnostic and four operational moves for finance and operations leads looking to reduce that fragmentation. Recommendations are structured by role, covering product, finance, compliance, and technology decision-makers.
Yuri Yakushko, Founder and CTO of Finexer, writes in the foreword: “The picture that emerges is one of organisations managing complexity that has accumulated over time – multiple providers, partial automation, and workflows that work well enough until they do not.”
Download the full report: The UK Open Banking Data and Payments Automation Landscape
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About the Author
The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.