Articles

Open Banking forecast to boost competition in consumer credit market

September 11, 2019 | Open Banking
Open Banking forecast to boost competition in consumer credit market

A poll of 100 global credit experts, interviewed at the recent Credit Scoring and Credit Control XVI Conference at University of Edinburgh Business School, found that just six percent believed the data-sharing initiative would make the credit market less competitive.

Open Banking mandates high street banks to share anonymised customer data with approved third parties, aiming to boost competition in the financial services market.

More in Open Banking

To Succeed, Open Banking Requires All Of Us. Here’s Why.

Posted By The Community

Open Banking
January 27, 2020

To Succeed, Open Banking Requires All Of Us. Here’s Why.

James Varga, CEO & Founder of DirectID, believes that to succeed, Open Banking requires all of us. H...

Written By: DirectID

The ID Co. Rebrands As DirectID

Posted By The Community

Open Banking
January 23, 2020

The ID Co. Rebrands As DirectID

Today, DirectID launches its new website, featuring new branding, visuals and messaging. The website...

Written By: DirectID

10 Learnings From The Future Of Lending Podcast

Posted By The Community

Open Banking
January 15, 2020

10 Learnings From The Future Of Lending Podcast

In our introductory podcast, the conversation between DirectID’s CEO, James Varga, and the LSB’s Sen...

Written By: DirectID

Open Banking
October 31, 2019

Open Banking - Challenging conventional liquidity assumptions and business strategies

Open Banking could have important implications for bank liquidity. Although the size, scale and timi...

Open Banking
October 31, 2019

The Brave New World of Open Banking

What banks can learn from 17th-century Dutch traders: Most market watchers now view Open Banking...

Open Banking
September 27, 2019

Beyond Open Banking Report

The data from the consumer survey clearly shows that there is a real opportunity for banks and finte...

There are no Events in this category