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Open Banking Explained

What is Open Banking?
Open banking allows financial facilitators to access customers' transaction history and volumes by connecting to their bank accounts. It enables data transfer only, with no deposit or withdrawal of funds.

Is Open Banking Safe?
Yes, consumers are protected. Your bank safeguards you against regulated open banking providers, which are listed on the FCA register and the open banking directory.

Are you protected?
Yes. We pride ourselves in providing safe and secure facilities for our clients, from transferring data to depositing funds.
All open banking providers we use, are FCA regulated and in the Open banking directory, giving all consumer not just confidence but protection in every aspect.