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90-day re-auth is gone, data access is solved - but what next?
In a major step forward for Open Banking, the FCA has ruled that users need no longer re-authenticate their connected accounts every 90 days. Here's what that means for Open Banking.
5 steps to maximise your Open Banking adoption
Great UX can help your users understand the value of Open Banking, especially as it is still in its infancy in the public financial services industry. YouGov’s research has identified that the key barriers in using Open Banking are security and misuse of data. Applying good UX and behavioural science theory is crucial to reducing these perceived barriers. In this article we will give Bud’s top 5 tips to improve conversion in your user journeys.
Introducing the "Financial Review" Extension: Affordability and Fact-finding solved.
Affordability and fact-finding checks are an obvious early use case for Open Banking. The lenders we spoke to consistently reported higher drop off rates wherever processes required users to...
Beyond Aggregation: Open Banking’s Intelligent future.
It’s been clear for some time now that Open Banking's impact will only really start to be felt when it delivers value to customers and helps institutions bring product to market. Offering ag...
Building Societies, trust and Open Banking adoption
Earlier this year, we surveyed 2000 people on their openness to a series of 21 use cases - enabled by Open Banking - that look likely to emerge over the coming months.
Open Banking, the recovery, saving and investing
As we start to acclimatise to life under lockdown, institutions are beginning to articulate the role they can play in the recovery. In particular, savings and investment providers stand to g...
Merchant totals, predicted income and more: Check out the changes to our platform rolled out this month.
Towards the back end of last year, Bud’s development teams were working on a series of major updates to the platform. These have now started to roll out and since Christmas, the platform has...
Open Banking in 2020: an analysis of what to expect this year.
The closing of the 2010s and the dawn of a new decade herald an early milestone in the development of the UK's fintech ecosystem. It is now two years since the legislation underpinning Open ...
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