Episode 79. Can Open Banking Solve the Financial Checks Conundrum?
Financial risk checks or affordability sit at the top of the regulatory agenda in the UK and for a watching world. The country is considering how to implement a new requirement for operators to assess the spending power of their customers. In this episode, Vixio's associate Editor, Harrison Sayers, interviews Tom Farrell, the CMO of open banking provider ClearStake. They spoke about the challenges posed by the existing regime of financial risk checks and the role open banking will play in the supposedly frictionless future.