Podcast: Open Banking for SME’s

The open banking hype has mainly focused on the consumer marketplace. However SME’s can also hugely benefit. Accounts and transactions can be consolidated improving cash flow management. Payments can be made at a far lower cost and far faster as well as cool stuff including “pay me” buttons in invoices to speed up receivables.

Matt Cockayne speaks to London FinTech Podcast about the SME open banking marketplace. He takes us through everything from how open banking works, the regulatory landscape, screen scraping being outlawed and how a business can connect and benefit from using open banking.

the industry is moving towards Open Finance, a superset of Open Banking


Insights

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Industry

Yapily

5th April 2023

7 min read

Open banking and customer retention: 5 actionable tactics

Open banking is a powerful tool for fulfilling the unmet needs of customers… and retaining them long-term. Here’s how.

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Industry

Yapily

16th March 2023

8 min read

6 products you didn't know were powered by open banking

Despite being around for over five years, open banking is still a relatively unfamiliar concept. In fact, the majority of consumers haven’t even heard of it. But many of us already use products and services powered by open banking… we just don’t realise it.


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