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Open Banking will provide new financing options for SMEs

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A report from Intuit QuickBooks looks at the opportunities Open Banking and associated technologies can bring to small businesses in the UK. Chris Evans, vice president and UK country manager at Intuit QuickBooks said: “The Open Banking revolution will empower the small business owners that want to do things differently and embrace new and better ways of working. We can already see how our customers are benefiting from cleaner, richer data from their bank connection within QuickBooks. And, as the full extent of Open Banking capabilities materialise, those that want to power their productivity will build personalised suites of financial services that suit their individual needs and supercharge their competitiveness in market.”

 

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