Embrace Open Banking or Lose Your Customers
Download our Essential Report
In collaboration with NTT DATA, Moneyhub presents "Open Banking Now, or Wave Goodbye to the Customers of the Future." This report is a wake-up call for credit risk leaders, stressing the need to adapt to the changing banking landscape.
Why you need this report
Transform Customer Engagement: Open Banking enables you to personalise products to genuinely meet your customer’s needs. With 44% of UK retail bank customers finding offerings irrelevant, this is a pressing issue.
Enhance Decision-Making: Access real-time data to make informed lending decisions. Banks can approve up to 18% more loan applicants by leveraging Open Banking insights.
Mitigate Risks Effectively: Anticipate financial distress with early data-driven warning signals, allowing for proactive support and improved customer relationships.
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Personalisation as a Strategy: Move beyond outdated credit assessments. Open Banking provides a comprehensive view of customer finances, enabling tailored solutions that have impact.
Real-Time Data Advantage: Traditional credit scoring is often outdated. Open Banking offers a dynamic risk profile based on current financial behaviour.
Unlock Untapped Markets: Engage with credit invisibles and thin-file customers who could become valuable clients with the right insights.
Get the Report Today
Open Banking isn’t just a trend; it's a game-changer that can propel your business ahead of competition. Download the report today and discover how Open Banking can enhance your strategy and secure your competitive edge.