Credit Kudos, PwC to develop Open Banking sandbox

In the world of fintech, ‘sandbox’ means a place for emerging fintechs to test their new models without fear of violating financial regulation. Credit Kudos is a FCA-regulated fintech that offers an alternative way to measure creditworthiness using open banking data instead of historical borrowing information.

Through using Credit Kudos’ platform, banks and financial institutions can redefine their lending strategies and approaches with alternative decisioning models and products. PwC’s digital banking ecosystem is a relevant part in the banking sector as the open banking data gains momentum, according to altfi.com.

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

Categories

Payments

Fraud and Fincrime

Fintech

Crypto, Web3 and CBDC

Regulations

M&A and Investments

Current themes

A2A Payments

Payment Orchestration

TradFi and DeFi Convergence

KYC, KYB and Digital Identity