Boom in financial tools allowing people to manage money more effectively May 12, 2021, 12:02 am A boom in the use of financial tools which allow people to share their data in order to manage their money more effectively has occurred during the coronavirus pandemic, according to Experian (Tim Goode/PA) A boom in people using financial tools which help them to manage their money more effectively by sharing their data securely with firms has occurred during the coronavirus pandemic, according to a credit checking company. Experian said 57% of lenders have adopted “open banking” technology in the past 12 months, helping people manage their finances in more fluid and intuitive ways online.