As open banking solutions become more sought-after, many companies are offering 'open banking platforms'. But without defining what this really means, it’s impossible to make a like-for-like comparison. So we made a checklist with the criteria that really matters when evaluating an open banking tech partner.
Access up-to-date transaction data from thousands of banks across Europe – already standardised and categorised so you can extract real value and insights.
Confirm account ownership with real-time data straight from a user’s bank account, creating a quick and simple payment setup process.
Optimise credit decisions and understand your customers’ true financial capacity by instantly verifying income using real-time data.
Increase engagement and conversion by giving your customers a fully embedded payments experience – at a fraction of the cost.
Build smart, intuitive personal finance management applications that give your customers tools and personalised insights to better manage their money.