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Is open banking the answer for the under-served?

Credit Strategy is hosting a webinar on December 9 with a panel to explore how lenders can grow market share while lending responsibly – while also enabling under-served customers to access finance.

Due to be broadcast at 12noon on Wednesday December 9, the webinar will explore how open banking can ensure lenders do not miss out on any opportunities to acquire new customers, by ensuring the data they assess is more timely and precise.

 

This webinar will explore how consumer-consented data can open up access for under-served financial consumers and the practical details of where lenders are seeing successes with it, and the new customer profiles they’re providing better outcomes for.

 

An interactive broadcast with a lender, an open banking solution provider and a broker, this digital debate will examine how open banking is delivering results for lenders enabling more accurate assessments of credit-worthiness, with real-time data.

 

The panel will discuss:

- The real time data now essential to informed creditworthiness decisions.

- Which customer profiles are seeing the benefits?

- How to build a business case to deploy open banking – and win.

- Operational logistics – how can open banking tools be overlaid and wired into existing processes to utilise CRA data?

 

The presenters on the panel will be Freddy Kelly, chief executive of open banking solution provider Credit Kudos, Alex Hurst, managing director of 247Money, the broker and Neil Kadagathur, chief executive of CreditSpring, a new consumer lender. Viewers can register here to tune in - the link allows viewers to listen again on demand and see the slides.

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creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace. @ Copyright Shard Media Group