The solutions that will lead to a new world of finance

2 min read|Published August 16, 2022
The solutions that will lead to a new world of finance

The way banking happens has changed more drastically in recent years than it did for decades. For a long time, it remained largely unchanged, with banks traditionally being the only ones able to access consumer data. But then, along came a magical movement, known as open banking.

TL;DR – Quick summary
  • For decades, the financial industry wasn’t really innovating very fast. That changed when open banking was introduced.

  • Open banking has revolutionized every aspect of the financial services industry. From payments, to affordability checks and more.

  • Download our ultimate solutions guide to see how open banking can help you.

TL;DR – Quick summary
  • For decades, the financial industry wasn’t really innovating very fast. That changed when open banking was introduced.

  • Open banking has revolutionized every aspect of the financial services industry. From payments, to affordability checks and more.

  • Download our ultimate solutions guide to see how open banking can help you.

Since its introduction, open banking is giving people direct ownership of their financial data for the first time – and giving the financial services industry a much needed shake. But this wealth of data is only valuable if it’s used in the right way – with the right tools.

Enabling change

Open banking is enabling change in every single corner of financial services, with new doors being unlocked thanks to a shift in regulations and perspective. Millions of consumers around the globe are already reaping the benefits daily. 

One of the biggest barriers it has removed is quite simply, hassle. Open banking has shown us that it’s possible to pay for things seamlessly and securely and at the tap of a button. It’s also revolutionised other things such as the validation of account details and running affordability checks. All these things can now happen almost instantaneously, without the need for hours or days of manual labour.

One guide – Many solutions

With so many possibilities for open banking, it can feel a little bit overwhelming to figure out how it can help you exactly. But no need to worry. We’ve put together the ultimate guide to open banking solutions. Get your copy by submitting the form below.

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