The OBIE's Consumer Forum on 27th January 2021 featured the latest thinking on vulnerability, considering the critical role that open banking can play in identifying the signs of vulnerability, reinventing traditional financial services for all types of consumers and avoiding asymmetries between firms and consumers.
In this clip, Moneyline UK's CEO Diane Burridge explains how they are using open banking not just to understand an individual's point in time financial circumstances, but to design and structure products that support these individuals on their journey towards better financial circumstances.
Visit www.openbanking.org.uk/insights to remain up to date with developments in this space, and for the latest content from our event drumbeat.
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