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LendInvest Partners With Credit Kudos To Streamline Underwriting Through Open Banking Date 01/04/2021 Property lending platform, LendInvest, has teamed up with challenger credit reference agency, Credit Kudos, to gain greater insights into customers and offer a faster, more seamless service. The partnership utilises Open Banking data and Credit Kudos’ categorisation and risk insights to offer LendInvest the most accurate view of an applicant’s financial situation. Underwriting times for the applicant’s financial history review have been reduced to just 5 minutes; Open Banking conve...

Global Banking & Finance Review The truth about Open Banking: why tech and regulation alone can’t create a customer experience revolution Published 2 months ago Andrew Stevens, Principal, Banking and Financial Services at Quadient Over two million customers are now using products powered by Open Banking. Thanks to PSD2 and the Open Banking regulations, financial providers can now use customer data to provide services such as multi-account visibility, debt management, and microtransaction investment. However, many argue that Open Banking still isn’t living up to its initial hype. When f...

Equifax Acquires Open Banking and Transaction Data Analytics Company AccountScore News provided by Share this article Share this article ATLANTA, Feb. 9, 2021 /PRNewswire/ -- Equifax, Inc. (NYSE: EFX) has acquired transaction data analytics company AccountScore Holdings Limited to bolster its Open Banking and insights capabilities. The acquisition will see Equifax enhance its consumer and commercial product offerings, combining traditional credit bureau information held by Equifax with bank transaction data, facilitated by AccountScore. (PRNewsfoto/Equifax Inc.) Integration of these new data...