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The new product launch from DirectID will look to dramatically decrease the amount of resource needed to review the financial position of those needing to repay a debt.
The announcement also comes with confirmation of its first customer to use the service.
The Central Bank of Indonesia moves towards Open Banking to help boost financial inclusion.
The launch will enable companies to easily support customers who find themselves in financial difficulties.
The partnership will deliver an end to end solution accelerating PSD2 Open Banking adoption.
Mode’s brand new Open Banking top-up feature allows users to connect to most of the UK’s major banks including Santander, Barclays, Lloyds, NatWest, and RBS.
PropertyPal Mortgages have been able to incorporate technology from eKeeper & Experian.
David Firth, Head of Open Banking at TransUnion, UK provides unique insight on the rise and rise of Open Banking during and post pandemic.
The collaboration, called API EcoBooster (the Programme), will help start-ups and technology ventures develop innovative services for the banking industry.
Tink say the acquisition will strengthen its product offering and market position in Europe.