Moneyhub offers the widest breadth of any provider with thousands of connections covering financial services globally
Moneyhub, the award-winning Open Data platform for Open Banking and Open Finance applications has today announced it has become the first third-party provider (TPP) to connect to Chase Bank in the UK.
Chase Bank has over 1 million UK customers and nearly 62 million in the US, and has become a popular choice in the UK since its launch in 2021 - specifically popular for its reward current accounts paying 1% cashback on purchases. Moneyhub has been working with Chase to test their API which has been recognised as a long standing gap in the Open Banking ecosystem.
Moneyhub led the introduction of Open Banking in the UK, and is pioneering Open Finance more broadly with its continued work on Open Savings and Investments and the UK’s Pension Dashboard initiative.
Moneyhub’s technology offers a simple solution to connect across current accounts, savings, loans, investments, property, automotive and pensions, providing a holistic view of an individual’s finances. It enables actionable insights through its smart nudges and machine learning.
Over 150m people have access to Moneyhub’s technology through their partners such as Aon, Standard Life, and SEI Investments, or directly through its personal finance app which can be accessed through the App Store, or Google Play.
Dan Scholey, CCO at Moneyhub said: “Becoming the first TPP to connect to Chase Bank speaks to the importance we place on pushing the Open Data and Open Finance agenda. It is important we put the consumer first and this was one of the most requested connections across our UK client base. At a time when many are finding their finances stretched, it’s vital to have that holistic view in order to better understand spending and spot opportunities to save.
“We’re thrilled to continually innovate in our market and give consumers, whether direct or via our clients’ platforms, the best access possible to their financial information.”
Moneyhub Contacts
Ingrid Anusic
Marketing Director, Moneyhub
ingrid.anusic@moneyhub.com
M: +44 783 722 6553
About Moneyhub
Moneyhub is a global ISO 27001 certified software developer of Open Banking, Open Finance, and Open Data applications. Its FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics they need to create super-personalised offers, products, and services. Hundreds of organisations, spanning finance to media and retail, rely on Moneyhub’s award-winning technology.
For more details, please visit www.moneyhub.com