Mounting evidence suggests that losses from the Bounce Back Loan Scheme (BBLS) could have been drastically reduced if Open Banking tools had been used from the outset to verify applicant information. According to government estimates, fraud and error account for about 6.8 percent of BBLS loans—funds that might have been better protected by real-ti...
24 February 2025 /ai /crime Open Banking
Ali Amin SattarCEO and Founder at SimpliFi
Vincent ChoiCEO and founder at Pomelo Pay
Omar OnsiCEO and Founder at NymCard
Anthony DimarsicoCEO and Founder at Banxe
Shilpa VoraCEO and Founder at Predictorama
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.