The Financial Conduct Authority published a blog outlining how its Smart Data Accelerator is being used to test open finance solutions in a digital environment and feed practical insights into policy development. It summarises two TechSprints run between November 2025 and February 2026 with 17 firms that built technical prototypes focused on mortgages and small and medium-sized enterprise (SME) finance. Across the TechSprints, prototypes explored how data sharing could improve mortgage consumers’ readiness, support smarter overpayment decisions and enable longer-term financial planning, while for SME finance it could improve cashflow management and develop better tools to assess growth potential and lending readiness. The FCA highlights that open finance is likely to develop as an ecosystem, with value arising from trusted data being combined, structured and applied across interoperable services, supported by strong data standards, digital verification and trusted infrastructure. The FCA states that these insights form the foundations of its open finance regulatory roadmap and that it will host a mortgages and open finance policy sprint in June 2026 to bring stakeholders together to define the regulatory conditions for open finance to improve consumers’ access to mortgages.

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