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How Open Banking could enable financial inclusion
Manage episode 296741876 series 2947560
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What is Open Banking and how can it help people who are financially vulnerable and financially excluded, including people who are unbanked?
How can Open Banking benefit businesses, social enterprises and the self-employed?
How will Open Banking help Responsible Finance providers (and credit unions) – and what should they be doing and thinking about?
And is there a danger that Open Banking might facilitate discrimination against people who are already financially vulnerable?
Faith Reynolds is the Open Banking Consumer Representative. She’s part of a steering group responsible for delivering the technology that underpins the Open Banking initiative. Faith joins us in the latest episode of the Responsible Finance podcast to answer these questions and more.
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