Apple Can Transform Open Finance

Their first steps into open banking are significant for the whole sector, not only for them and their business partners.

Dateline: Woking, 17th April 2022.

Apple has stepped into Open Banking in the UK by acquiring Credit Kudos. This is one of the startups that uses transaction data and machine learning to create very accurate credit ratings. They use API access to bank accounts to collect real-time data and feed it into their systems to provide clients with affordability …