Beyond Bank was early to recognise the potential value this could deliver for its customers and became the first bank to launch a Personal Financial Management app using Open Banking data.
The Beyond Bank+ app launched in July 2022 and provides customers with a full view of their finances in one place, including accounts they hold with other financial institutions.
Deputy CEO Wayne Matters spoke at Frollo’s ‘Open Banking – at the coalface’ event and shared his experiences becoming accredited, deciding on a use case, selecting a use case and launching to market.
