The future of data-driven banking
Data-driven banking services can be used in the areas of partner ecosystems, new conversation channels, microservices or integration of other data sources.
Because of poor banking, 80% will switch to fintech
The poor experience with services prevalent in traditional banks would motivate eight out of 10 of their customers to switch to alternatives like fintechs.
Frollo brings Open Banking to Siri
Bringing together Open Banking and Siri, users of the Frollo iOS app can check their bank balance by saying: “Hey Siri, what’s my account balance”.
Volt enters strategic alliance with AFG and extends Series E to $85m
Australia’s first neobank Volt has announced a landmark strategic alliance and a $15 million investment from Australian Finance Group Ltd (AFG).
Smartbank 86 400 debuts direct-to-consumer digital home loan channel
Australians can now apply for an 86 400 digital home loan – complete with competitive rates, no paperwork and fast turnaround times.
1 in 3 consumers would consider switching banks to get Open Banking features: Frollo research
Research by Frollo shows 36% of respondents would consider switching to a different bank to access Open Banking features.
Research reveals significant gaps in financial awareness and accessibility, despite more consumers being ‘banked’
A study of 2,000 global consumers released today by Mambu, revealed that both banked and unbanked individuals feel underserved.
The Open Banking Opportunity
As a result of the differences in Open Banking implementation, Envestnet | Yodlee have prepared a whitepaper on The Open Banking Opportunity.
