Fintech Insider Podcast by 11:FS cover image

670. News: BaaS partnerships for Chetwood and HSBC and Adyen taps Tink for Open Banking payments

Fintech Insider Podcast by 11:FS

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Open Banking Data

We've seen a similar set of asks come into us, which is how can people start to use open banking data to make lending decisions more accurate and more fair? A lot of lending decisions are still made in a pretty kind of poor way, I think. There's a lot of clunky manual processes getting on the scenes, which can be quite discriminatory. You can open up someone's financial history to a lender with their permission. That often does result in much more accurate and timely decisions. It's a big area for us. Cost of living is also a problem for everybody. We have partners like Snoop, who have seen actually that platforms like theirs, where you can categorize your

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