The ClearScore Group, which owns ClearScore, the UK’s leading credit marketplace, today announced that it has hit a milestone of over 1.5m users having enabled Open Banking functionality through its platform. This puts ClearScore as one of the largest enablers of Open Banking in the UK, in just six months. In November 2021, ClearScore launched its unique Affordability Score. Based on analysis of transaction history, it gives users – for the first time – a clearer sense of...
The concept of open banking continues to gather momentum as an ever-expanding number of players – both financial and non-financial – adopt the technology to gain access to customer data. Anyone with a bank account knows that their financial provider holds detailed records on how much we spend, when we spend it, and what we spend it on. Now, with open banking, this data can be shared with third parties – which in turn is...
Capgemini announced that it has been named a leader in Open Banking IT services in the just released Everest Group PEAK MatrixTM1 2020 assessment entitled “Moving Beyond Compliance to a Platform-based Operating Model of Ecosystem Orchestration and Value Creation.” Capgemini was recognized in the assessment for its early investments to create its Open Banking2 practice, extensive network of alliance partnerships with banking platform players and technology vendors, its proprietary API platform and PSD2 domain compliance accelerators FinTech News. “A...
