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Where we unpack the financial services and fintech landscape.
If your customers are having issues connecting a bank account via Open Banking, one possible reason for the problem could be that it is a joint account. A joint account is considered any account with more than one account holder (personal accounts only).
Over the coming months you will start to see PayTo appear as an alternative payment option that will create real value for businesses and consumers alike.
Direct debit is a popular form of payment in Australia. For businesses, the risk of payment failure is an often overlooked downside that can lead to increased customer churn and operational costs. But never fear, ‘Smart Payments’ are here. This is the new way to pay.
Super and Open Banking could work together to ensure that consumers are increasingly financially literate about their Super balances, ensure the fund aligns with their values and performs – while still protecting what is an incredibly valuable asset.
We often get questions on whether it’s safe to share your data using Basiq, so we put together some detailed info on how we handle your data.
Fintechs can now maximise the use of customer-consented financial data through a single API,
providing a complete picture of end-users
