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At a time when up to £27 billion of taxpayer cash might never be repaid from Bounce Back Loans, open banking can offer a way to fill the data gap and ensure better and faster lending decisions, lower operational costs, and improved customer intimacy. In this webinar, we will discuss the increasingly pivotal role of open banking in SME lending, including: • combining account data with open banking payments, • the role of categorisation and automation, and • how open banking data can complement other data sources to make smart decisions around lending.
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