Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Open Banking Could Increase Digital Bank Runs
ShareTweet
Home
Europe
Open Banking Could Increase Digital Bank Runs

Open Banking Could Increase Digital Bank Runs

Todd Anderson·
EuropeFintechNews Roundup
·Apr. 1, 2019·1 min read

According to a new independent review of UK based Co-operative Bank by Canadian central banker Mark Zelmer banks runs in the digital age could become complicated and rapid; the onset of open banking, which allows third parties to be between the depositor and institution, could increase the speed at which banks runs occur; at the first sign of serious trouble their could be a bank run from many different directions with the third parties helping to speed this up as they would not want to be associated with a trouble firm; while the money might leave a certain bank it would not be leaving the system entirely, as would happen with traditional bank runs, and so digital bank runs would still keep money within the banking system. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

    View all posts
Tags
bank runsCo-operative Bankdigital banking
Related

Rory O’Reilly, Co-Founder and CEO of Knot, on connecting cardholders to merchants

Nico Simko, Founder & CEO of Clair on a different approach to earned wage access

Anthony Sharett, President of Pathward, on how to do banking-as-a-service right

Nubank’s Credit Loan Strategy: How It Works

Popular Posts

Today:

  • Are We About to Make a Quantum Leap in Small Business Lending(1)Are We About to Make a Quantum Leap in Small Business Lending? Sep. 30, 2025
  • _Renton’s Take on AI x Banking; Fed Independence Weighs on Macro OutlookFraudsters Beware: Fintech is on the Case Sep. 16, 2025
  • Fintech Nexus – Newsletter Creative (1)Renton’s Take: Major Shifts for Small Business Lending? Sep. 30, 2025
  • Zinnia CEO – Michele TrogniThe Nexus Profile: Zinnia’s CEO on Building the Rails for Financial Longevity Sep. 9, 2025
  • Battle of the BotsFintech’s Battle of the Bots Sep. 25, 2025
  • Al AgentsThe Scramble to Build the AI Agent Economy Sep. 24, 2025
  • Luke Sikora JPMorgan Growth Equity PartnersJ.P. Morgan’s Growth Equity Partner Sikora Still Sees IPO Upside Sep. 23, 2025
  • Justin OverdorffLightspeed’s Overdorff on AI Investing Momentum Sep. 18, 2025
  • Fintech Nexus – Newsletter Creative (2)The Rise of the Algorithmic State Sep. 17, 2025
  • AI Nexus HeaderRobots Have Entered the AI Race Sep. 10, 2025

This month:

  • Al AgentsThe Scramble to Build the AI Agent Economy Sep. 24, 2025
  • Zinnia CEO – Michele TrogniThe Nexus Profile: Zinnia’s CEO on Building the Rails for Financial Longevity Sep. 9, 2025
  • Diya JollyXero’s CTO on building a ‘superagent’ for accounting Sep. 17, 2025
  • 5 Founders Driving Humanoid AIThe Humanoid Era: 5 Leaders Defining Physical AI Sep. 10, 2025
  • SOLO CeoSOLO’s CEO on the data and banking dilemma Sep. 11, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • _Renton’s Take on AI x Banking; Fed Independence Weighs on Macro OutlookFraudsters Beware: Fintech is on the Case Sep. 16, 2025
  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025
  • Fairplay AI – Kareem SalahFairplay’s Kareem Saleh on private sector data maturity Sep. 4, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results