As inflation rises and households feel the squeeze, our clients are focussing on how they can better support their customers.Over the past few years, there has been an increasing...
Sam Oakley:
Data sitting in my bank could help me buy a home, can I use it, please?
Young businesses with the kind of agility that allows them to zero in on a single problem and iterate quickly towards a solution represent a huge opportunity for the Open Banking...
2 min read.
Introducing business bank accounts, 1st party and 3rd party data in our Aggregation gateway.
1st party / 3rd party What do we mean when we talk about 1st party and third-party data?
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...
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.
2 min read.
Open Banking, the recovery, saving and investing
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...
2 min read.
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.