One giant leap for OBV
OpenBankVision by LendingMetrics is the first to go live with TSB Bank LendingMetrics are pleased to announce that its award-winning platform
OpenBankVision is the first Open Banking platform to go live with TSB Bank. Confirming the news, LendingMetrics CTO Neil Williams said that this is a huge step in the journey of OpenBankVi- sion. LendingMetrics has already seen huge demand for the platform in 2019 and integrating with such a large High Street bank will allow the platform to become more and more successful. OpenBankVision by LendingMetrics has won multiple awards as a fully cat- egorised bank statement data platform, based on decades of combined expe- rience in the field. It helps you make better and more informed lending and affordability decisions by seeing first- hand what the customer earns and spends. It allows you to instantly rec- ognise potential problems such as trou- blesome gambling habits or excessive use of payday loans. The core platform provides 90-days of categorised statement data absolutely free, with no limits, no setup fees and no contractual minimums. There also are premium options available such as access to longer statement data and the ability to fully customise the con- sumer journey. With integrations with TSB Bank now live, this largely completes the picture of coverage for OpenBankVision. TSB Bank represents around 10% of all UK current accounts, meaning OpenBank- Vision now has a percentage coverage in the very high 90s, and that the vast majority of consumers can now go through the Open Banking process with ease to provide statement data to their credit provider.
OpenBankVision: Free, forever #OBFREE
06 | Metrics Monthly
July 2019 | UK Edition
Made with FlippingBook - professional solution for displaying marketing and sales documents online