SHARING IDEAS THAT DO GOOD

UP Bank Frollo's The Big 4 In Open Banking

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Leading neobank UP has done its bit to accelerate Open Banking in Australia by becoming the 7th bank to make its data available as a Data Holder.

This means UP's circa 300,000 customers can share their financial data with other accredited Open Banking participants (such as personal financial management app, Frollo, and CBA).

UP's runaway popularity with a digitally-native customer base makes it easily the most requested institution by customers of Frollo and similar money-management tools, and so the early move to share data can't be understated in putting a well-timed rocket under the Open Banking roll-out.

https://mozo.com.au/neobanks/articles/neobank-up-joins-frollo-open-banking-platform

What do you think?

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Comments
Lynn Wood @ 2021.06.30 8:49 AM
Yes open banking does need a rocket under it! 


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