Industry news
Open Banking has yet to be a real commercial success for the majority of fintechs and incumbent banks, a panel of experts have noted.
Open Banking providers will have to extend their offerings beyond traditional banking services and focus on making the consumer’s life easier, according to keynote speaker Jim Marous.
Online mortgage broker, Mojo Mortgages, has partnered with Credit Kudos to announce the launch of MortgageScore™, a market-first service for thousands of first time buyers who want to get on the property ladder.
Adedeji Olowe: Open Banking Nigeria’s trustee takes a ten-year perspective.
Fin-tech provider incuto will use Experian’s Open Banking solution to support its work in the ethical banking sector.*
For Open Banking to flourish there needs to be a fundamental shift in the market, but I am confident that it will happen.
Business lending platform Trade Ledger, which automates commercial lending processes for global banks and alternative finance providers, has announced a £1.5m funding round led by Hambro Perks.
Banks are displaying a worrying lack of commitment to driving forward their Open Banking plans, according to a report.
FinTech Revolut is using Open Banking APIs for the first time, collaborating with third-party provider Intuit QuickBooks to connect its business customers with the accounting platform.
Lenders can now make it faster and simpler for small businesses to apply for finance by using a new Open Data solution from Experian.
