Challenger bureau claims lead in Open Banking ‘rollout race’ – AltFi News

Credit Kudos claims to have become the first credit bureau to offer a full range of Open Banking services after forging connections with the largest UK banks.

The challenger bureau, which allows borrowers to share data to smooth credit applications, now boasts Open Banking connections with Lloyds, Halifax, Bank of Scotland, Royal Bank of Scotland, NatWest, Ulster Bank, Allied Irish Bank, Danske Bank and HSBC.

Credit Kudos operates as an FCA-authorised Account Information Service Provider (AISP), meaning it can access transactional account data held by the nine largest UK banks under Open Banking rules, which came into effect in January.

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