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Bud raises $80M more to expand its AI-based open banking platform, used to power lending tools and more – TechCrunch

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors. In the latest […] ....

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UK-New Zealand Free Trade Agreement: benefits for sectors of the UK economy (web version)

UK-New Zealand Free Trade Agreement: benefits for sectors of the UK economy (web version)
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ANZ NZ taps Bud for Open Banking implementation


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ANZ NZ taps Bud for Open Banking implementation
17 February 2021
3
New Zealand s biggest bank, ANZ NZ will utilise Open Banking technology from the UK s Bud to improve the loan approval process for business customers.
The deal, which marks the beginning of a strategic push by Bud in the Australia and New Zealand markets, will empower ANZ NZ with the capability to ingest and categorise data from prospective borrowers’ bank statements in a bid to streamline the lending process and increase transparency. ....

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Open Banking: The firms battling to win in 2021


Open Banking: The firms battling to win in 2021
By Oliver Smith on Monday 14 December 2020
Image source: Company supplied.
Without a shadow of a doubt, the battle for Open Banking supremacy is going to be one of the defining fintech stories of 2021.
This nascent industry has roared into life over the past 24 months, with multi-million-pound funding rounds and multi-billion dollar acquisitions alike.
There is now a land grab underway to provide not only account aggregation services, but also account verification, data enrichment and crucially payments (we ll leave credit decisioning aside for the sake of this article, as a different group of providers are competing here). ....

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