Onboarding

Onboarding with Open Banking

Our seamless Onboarding solution provides real-time account and identity verification using Open Banking data.

Leaders building with Bud

Instantly verified account ownership. Seamless onboarding.

Reduce drop offs

38% reduction in customer drop-off

Reduce fraud risk

Up to 20% reduction in onboarding costs

Instant account verfication

Real-time verification – Success rates are higher than that of credit bureaus and results are delivered in seconds.

Smoother onboarding experience – eliminates the need for customers to remember account details, manually submit documents, or wait for banks to process paperwork. Instead, their information can be securely pre-filled, reducing drop-offs and improving onboarding.

The best coverage of UK accounts – Bud's aggregation gateway covers 96.5% of current accounts in the UK and 88% of all accounts (including Savings, BCA, PCA and Credit Cards.)

Seamless account funding

Quickly fund accounts at the point of creation – Instantly verify accounts and with Bud's receive money within minutes not days of the transaction being initiated.

Eliminate lost payments – With account verification and Bud's payment solution, eliminate the admin overhead associated with user manual errors during the payment process.

Beyond Open Banking Report

Two-thirds of under 55s would use bank account info to pre-fill an application form. Download the report to learn more.

Our customers

What our customers are saying about Bud

“Our new partnership with Bud marks a significant step forward in our campaign for greater transparency, providing us with a wealth of insight that gives customers more power over their financial future”

Ziad Al Baba
General Manager UK and Canada, Credit Karma
“Importantly, the functionality Bud provides will also enable us to continue to meet our responsibilities as a responsible lender, without compromising customer experience.”

Mike Bullock
Chief Information Officer, ANZ NZ
“Partnering with Bud will empower our customers, by ensuring that their data works even better in their favour, helping them move their finances forward.”

Alastair Douglas
CEO, TotallyMoney