Open Banking isn't just for banks, it's for every customer facing business

Open Banking is often perceived as only being relevant for banks and financial providers, this is not the case. Access to transactional information has implications and opportunities far beyond financial services. Utility providers can use transactional information to understand your ability to pay your bills. Retailers who offer payment services can offer a service whereby you can make a payment from any of your accounts – but also understand more about trends and behaviours to present customers with a more tailored, personalised offer. It is not just Financial Services – it opens up a new opportunity for you, and your customers. Hear more on how from our Head of Propositions and Open Banking, Rob Haslingden in this short video. Following on from this video, our latest whitepaper ‘open banking: the evolution of data sharing’ is an interesting read – access it here: http://bit.ly/2prZOiy Find out more here: https://www.experian.co.uk/business/ We love what we do and one of our favourite parts is being able to share the nuggets of insight we gather, our expert knowledge and opinions on the latest trends so we can help professionals and businesses grow. Have a browse through our business insights and resources here: https://www.experian.co.uk/blogs/late... We also share insight on our social channels. Click below to find out more: • Visit our LinkedIn company page:   / experian   • Follow our Twitter account:   / experianb2b_uk   • Follow our Facebook profile:   / experianbusinessuk   • Listen to our podcasts:   / user-244371113   • Subscribe to our Experian YouTube channel:    / @experianukbusiness