Affordability and fact-finding checks are an obvious early use case for Open Banking. The lenders we spoke to consistently reported higher drop off rates wherever processes...
Bud's blog and key insights
Bud:
Earlier this year, we surveyed 2000 people on their openness to a series of 21 use cases - enabled by Open Banking - that look likely to emerge over the coming months.
As we start to acclimatise to life under lockdown, institutions are beginning to articulate the role they can play in the recovery. In particular, savings and investment providers...
Whilst it has been heartening to see the fintech community rally round to tackle the new problems that people are facing, the real test will come in making sure that we don’t let...
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Merchant totals, predicted income and more: Check out the changes to our platform rolled out this month.
Towards the back end of last year, Bud’s development teams were working on a series of major updates to the platform. These have now started to roll out and since Christmas, the...
The closing of the 2010s and the dawn of a new decade herald an early milestone in the development of the UK's fintech ecosystem. It is now two years since the legislation...
Any company that has access to personal data must decide how to balance the interests of the end user with its own when setting data policies.
Everything we do at Bud is about helping people to get where they want to in life and we’ve spent the last 2 years working almost exclusively with big financial institutions...
Here’s what it means for financial service providers and their customers.
Since announcing our first partnership with HSBC and first direct more than a year ago, it’s been our intention to make the Bud platform as widely available as possible.
Open Banking represents a huge opportunity for building societies. From improving the effectiveness of lending through automation to providing the technical capability that...
This year’s conference provided a lot of talking points around the future of finance and how open banking is set to evolve. Here are a few key takeaways, as selected by our team.