The most vulnerable customers may spend hours providing income and expenditure (I&E) information to a multitude of creditors. Open Banking can reduce this stress as it makes it fast, simple and secure for customers to provide full I&E information direct into your business without the need for long, intrusive phone calls or requests for further information.
- How can regulators, associations and Open Banking pioneers create a positive Open Banking ecosystem?
- Managing data portfolios within the new regulatory framework
- Is Open Banking key to your collections strategy?
- How can new Open Banking regulation support financial wellbeing?