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Open Banking and Mortgages
steven141
Posts: 452 Forumite
I saw an interesting article and thought I’d share it https://www.mortgagesolutions.co.uk/better-business/2022/11/16/why-open-banking-is-the-key-to-revitalising-the-mortgage-sector-nordigen/
I think it is a good concept. Do any banks currently use this automated process?
I think it is a good concept. Do any banks currently use this automated process?
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Comments
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Yes they do. The biggest hurdle is people trusting open banking. Its been around for quite a few years now and was designed with security in mind, but too many people still do not know about it or trust it.2
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