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Robert McKechnie

Robert McKechnie Head of Products at Equifax

Open Banking can help kick start lending

COVID-19 has had a dramatic effect on many people’s finances, altered consumer behaviour and disrupted working environments. As we navigate a path out of the lockdown, Open Banking has the capacity to support financially vulnerable people, kick start lending and enable the financial services sector to adjust to a state of altered normality. Acros...

Robert McKechnie

Robert McKechnie Head of Products at Equifax

2020 to release full potential of Open Banking

Open Banking, which was brought into inception two years ago, was predicted by many to spark a revolution in consumer finance. However, its full potential remains largely untapped. Open Banking platforms have the capacity to address unmet needs of SMEs, provide better outcomes for those in problem debt, and be at the forefront of the fight against...

Robert McKechnie

Robert McKechnie Head of Products at Equifax

Open Banking: The hidden cure for financial vulnerability

As more and more companies evolve Open Banking technology into live customer solutions, both businesses and consumers are beginning to experience its transformational benefits. Despite this, its full potential remains largely untapped. From addressing unmet SME needs, such as resolving payment pain-points to plugging credit application gaps, Open ...

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