What is Open banking?
Open Banking is the practice of securely sharing financial data, subject to customer consent. In practice, this means banks and other financial service providers which hold customer data must grant authorised third parties access to this data upon customer consent. Effectively, this takes ownership of financial data away from the bank and puts it back into the hands of customers.
Find out more about Open Banking in our Open Banking Overview section.
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Friendly Score UK Ltd.
52 Brook Street 1st Floor, Mayfair
London W1K 5DS
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Company number 09168668, ICO ZA111687
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