Podcast ep 07: Ed Molyneux on open banking opportunities

00:00
  • Podcast ep 07: Ed Molyneux on open banking opportunities 00:00

Podcast ep 07: Ed Molyneux on open banking opportunities

Welcome to episode seven of The Shape of Money, a podcast by ieDigital. In today’s show, we discuss open banking with Ed Molyneux, CEO and co-founder of cloud-based accounting software FreeAgent. I invited Ed Molyneux onto the show in light of recent changes to how FreeAgent uses open banking. We discuss keeping up with legislation, bank feeds, challenger banks and small business banking.

Steph Barker joins us later in the episode to regale us with stories of great bakes and great cakes for our recent Stand Up to Cancer Bake Off.

Share

Share on linkedin
Share on twitter
Share on facebook
Share on reddit
Share on email
Ed Molyneux of FreeAgent

show notes

00:36 Our discussion with Ed Molyneux starts with the story of how FreeAgent got up and running.

02:10 How to keep up with legislation in a fast-moving industry.

04:06 How does open banking change accounting software and how people use it, depending on who their bank is and how the bank feeds work.

07:35 Ed Molyneux describes how the big banks are implementing open banking.

10:26 A discussion about the openness of open APIs.

11:49 I ask Ed what he thinks the challenges ahead look like for open banking.

14:18 Who’s using FreeAgent; mostly large businesses, or small businesses?

16:55 What’s ahead for FreeAgent now that it is owned by RBS?

18:55 Following my conversation with Ed Molyneux, I take us back to episode three, where I interviewed Jerry Mulle and asked him to comment on open banking.

20:45 A short interview with Steph Barker of ieDigital, about our recent Stand Up to Cancer Bake Off. We also talk about upcoming charitable ventures.

24:01 Thanks for listening. Please rate and subscribe!

More episodes

Podcast ep 09- The best of 2019
Podcast

Podcast ep 09: The best of 2019, the shape of 2020

Shaun Weston rounds up 2019 with a look back at some of the best soundbites from The Shape of Money podcast.

World Mental Health Day 2019
Podcast

Podcast ep 08: Tackling mental health issues in financial services

On World Mental Health Day 2019, Merlyn Holkar from Money and Mental Health talks to Shaun Weston about challenges in financial services. What are the common impediments to vulnerable people managing their finances, and how might technology help?

Abstract image - man in a suit split into different pictures
Podcast

Podcast ep 06: Nick Murphy on General Data Protection Regulation (GDPR)

The Shape of Money podcast by ieDigital. In episode six, we talk to Nick Murphy about data protection and GDPR legislation.