Open Banking

Open Banking

Find out more about Open Banking  Framework and get expert help from GovData, the leading Government Framework Experts

Open Banking logo

About Open Banking Framework

PROCUREMENT BODY – Crown Commercial Service

Framework Value: £800 million

Framework Duration: 8 years

What is the Open Banking Framework? 

Open Banking is rapidly growing as an alternative to traditional bank systems.

Instead of relying on card payments, Open Banking services provide citizens and businesses with an alternative method of paying and/or receiving money from the Public Sector.

This Open Banking Framework is the first of its kind, providing a vehicle for Central Government and the Public Sector (such as schools, councils, and the NHS) to source Open Banking services, including digital payment services, account information services and confirmation of payee (CoP) services.

View all IT PILLAR Frameworks

Open Banking

Thinking of applying to Open Banking Framework?

GovData has two decades of experience supporting British businesses achieve success through Framework agreements, particularly IT Frameworks. Our founder and CEO Chris Hugo was pivotal in the creation of G-Cloud, the UK’s first and largest Framework.

Since 2006, our team has won access to £120bn for businesses across the United Kingdom.

Open banking

Framework Scope – Open Banking

Buyers will be able to access a range of open banking services including:

Payment Initiation Service Providers (PISPs): PISPs let you pay companies directly from your bank account rather than using your debit or credit card through a third party, such as Visa or Mastercard

Account Information Service Providers (AISPs): being an authorised AISP means that a company can access an individual’s bank account data from their financial institution with their explicit consent.

To help buyers find the services and suppliers to meet their need, they will be able to use the following filters:
Service type     |     Total contract value     |     Hosting and delivery capabilities

Lots – Open Banking Framework

Digital payments enable you to either make or receive payments digitally. This may include one or a combination of:

Payments in

Page design and build for payments in: which refers to the designing and building of a web page that allows you to make and/or receive  payments

Payments out

Direct debits

The supplier will provide account information services which may include:

Fraud services

Identity services

Income verification services

Affordability services

Risk identification services

Transaction/fund tracing and monitoring services

The supplier will provide a CoP service which may include:

Providing a name and/or account checking service to verify individuals and/or businesses

Providing either singular or multiple concurrent checks specified by the authority


Still not sure if Open Banking Framework is the right framework for you? Talk to our team of experts today, we’ll help you map the value of the framework to your services and understand the potential for your business.


No time or limited resources to start or grow your opportunities within Government or Public Sector? Our specialist Information Technology Frameworks team have helped hundreds of companies navigate the complex framework submission process. We’re here to help remove the barriers to Public Sector success.

Talk to GovData about getting your business onto the Open Banking Framework today.

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Open Banking