IMG_Open-Banking-Solutions

BEYOND OPEN BANKING

Strategic business model change, without cutting corners. Comply with data protection legislation, but go beyond the merely tactical.

Become a central marketplace, aggregating 3rd party services and facilitating secure data sharing.

Be the connecting platform to incorporate invoicing and accounts in one place, simplifying personal and business finance management processes.

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What are the benefits of Open Banking?

Benefits for Banks

  • Become customers’ bank of choice. One platform, multiple services: everything in one place.
  • Increased revenue from new, less-conventional channels. Enhanced service offering.
  • Greater customer retention, engagement and loyalty.
  • 360º access to customer financial data.

Benefits for Retail Customers

  • Greater choice of banking services.
  • More transparency and access to transactional information.
  • Data sharing is safe and can be stopped by customer at any time.
  • Your information will only be shared with your explicit consent.

Benefits for SME Customers

  • All financial information in one place.
  • Integration with accounting and cash flow management tools such as Quickbooks and Xero.
  • Compare accounts and choose the one that offers the best solutions.
  • Ability to secure loans, despite lack of credit history.

Related content

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White Paper

Open Banking & PSD2:
A Change Of Paradigm

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