Tag: transaction data
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7 Business Functions Made Easier with an Account Information API
Get Instant Bank Data with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now Manual document uploads. Delayed verifications. Incomplete financial data. For years, these have been the bottlenecks slowing down business operations across industries, from onboarding and credit checks to payouts and compliance reviews. But a better…
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6 Legaltech Platforms Using Open Banking to Modernise Law Firm Workflows in 2025
Get Paid Faster with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now The legal sector has historically been slow to adopt financial technology, but that’s changing fast. A new wave of legaltech platforms is using Open Banking to help law firms cut delays, reduce manual reviews, and…
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Open Banking for Payroll and Invoicing: One API for Salary Runs, Invoice Links, and Payee Checks
This blog covers 10 practical use cases of Open Banking for payroll and invoicing—like instant payouts, account verification, pay-by-bank links, live reconciliation, and more to help you reduce delays, errors, and admin.
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Case Study: The 5 Most Trusted Proptech Apps Using Open Banking in the UK Today
Get Paid Faster with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now 13.3 million people in the UK already use Open Banking every month, a 40 % jump year-on-year. That momentum isn’t just sitting inside fintech; it’s powering a new wave of proptech apps that verify tenants…
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3 Things Letting Agents Can Do with Open Banking Data
Get Paid Faster with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now Over 55% of UK tenants now expect digital-first interactions with letting agents from affordability checks to payment tracking. But most agencies still rely on emails, PDFs, and manual document reviews to verify income, deposits, or…
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Open Banking for Proptech: Tenant Affordability, Rent Collection, and Source of Funds
Get Paid Faster with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now Despite major advances in property technology, many platforms still rely on slow, manual finance checks leading to delays, fraud risks, and lost revenue across the rental journey. UK landlords lose an average of £1,085 for…
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Case Study: 6 Lending Platforms That Use Open Banking to Speed Up Approvals [2025]
Get Bank Data Instantly with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now Loan applications shouldn’t drag on for days just because someone’s bank statement needs printing, exporting, uploading, and then reviewing manually. But that’s still the bottleneck many lenders face: outdated documentation, back-and-forth with applicants, and…
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Open Banking for Lending: Income, Affordability, and Faster Approvals
Get Instant Affordability Checks with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now Lending is no longer just about credit scores and forms, it’s about data access, speed, and trust. From personal loans to SME working capital, credit providers face two stubborn bottlenecks: confirming income accurately and…
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Yodlee vs Salt Edge: Which Platform Handles Consent, Coverage & Control Better?
Get Paid Faster with Finexer Connect with UK Banks and Scale Your Business without Limits Try Now If you’re weighing up Yodlee vs Salt Edge for your financial product or integration, compliance is just the starting point. Both platforms support Open Banking, but their coverage, developer experience, and how they handle UK bank connections vary…
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Plaid vs Tink: Who Delivers Cleaner Transaction Data for UK Fintechs?
Get Instant bank Data with Finexer Connect with UK Banks and Scale Your Business without Limits Try Now Messy transaction data isn’t just a developer headache; it’s a product killer. For UK fintechs building personal finance tools, SME credit platforms, or real-time risk models, raw bank feeds often arrive cluttered with vague merchant references, inconsistent…
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Financial Disclosure in Divorce: Uncover Full Bank History in Under an Hour
Get Instant Bank Data with Finexer Connect with UK Banks and Scale Your Business without Limits Try Now Financial disclosure in divorce isn’t just a formality; it’s a legal requirement. Yet the process of collecting income, spending, and account data from both parties is often the first hurdle that causes costly delays. Family lawyers routinely…
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Raw vs Clean Transaction Data: What UK Finance Teams Should Know in 2025
Get Transaction data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Financial accuracy depends heavily on the quality of transaction data. As more accounting firms and financial analysts in the UK adopt automation, the gap between raw and clean transaction data is becoming increasingly visible. Recent reports…