Reinventing the Customer Journey with Open Banking Solutions

With open banking APIs, banks can offer customer-centric lending solutions 

By opening up access to customer data across banks, the Open Banking regulation will help banks:

• Gain a more complete view of customers’ creditworthiness based on alternative financial data
• Prevent defaults as they will be able to monitor customers’ financial health holistically
• Increase revenues as they will be able to reach out to new segments of borrowers