Open banking creates new opportunities for both established financial institutions and new businesses (both start-up fintechs and firms in other industries). They can begin to...
Bud's blog and key insights
Open Banking:
In the era of web3 and ‘everything digital’, highly personalised financial experiences aren’t only commonplace in banking, but thoroughly expected by customers too. With...
Enrich,
Engage,
Drive,
GenAI,
Personalisation,
Digital Transformation,
Embedded Finance,
PFM,
Lending,
Credit Risk,
Open Banking,
Categorisation
Old fashioned vs. modern day finance: APIs and future-proofing finance
The financial services industry has undergone massive changes and what worked in the past may not work in today's digital, API-driven era.
In 2016, the Competition and Markets Authority (CMA) created the United Kingdom’s Open Banking Implementation Entity as a roadmap for delivering open banking - as well as the...
Engage,
Personalisation,
Digital Transformation,
Retail Banking,
Embedded Finance,
PFM,
Open Banking
Deep personalisation: unlocking new financial revenue streams
Traditional banking models can cause a headache for consumers and institutions alike. For instance, while forgotten direct debit payments can be frustrating for customers it can...
Since the last Forrester report in spring 2021, a lot has changed. The rush to comply with regulation has subsided. Open banking is no longer used to fulfil a single use case, but...
Early adopters in this space are already at the point where their projects are bearing fruit. This de-risks the prospect of an open banking project. So without further ado -...
This is a varied space with an equally varied mix of use-cases, but as these conversations progress, it is becoming clear that there is a consensus roadmap amongst those...
What’s the Bud Connect flow? If you have your own AIS license you can use Bud’s technology to build your own account connection journeys with complete flexibility. If however,...
As the Open Banking market matures, we’re seeing a shift as use-cases evolve from the first wave of “your data in one place” propositions to a second wave of use-cases where...
Tip 1 - Use Open Banking to reduce steps in your journey