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Matt Cockayne speaks to London FinTech Podcast about the SME open banking marketplace. He takes us through everything from how open banking works, the regulatory landscape, screen scraping being outlawed and how a business can connect and benefit from using open banking.
the industry is moving towards Open Finance, a superset of Open Banking
Banks, businesses, consumers, and regulators in the EU want the benefit of frictionless cross-border payments. In practice, this can still be a challenge, even for payments made between euro accounts using SEPA to make a transfer.
Discover how lenders can use income verification tools to streamline applications, reduce drop-offs, and improve risk management with real-time open banking data.
All SMEs want to enhance their offering and cut their costs. By offering them open banking, they can do both simultaneously, while also improving their cash flow
