Open Banking and the end of losing time and patience
In our first thought leadership piece, Deputy CEO and Chief Client Officer Bianca Bates explores why you need a data strategy to compete in the era of data consent.
When we think about what stops customers from getting a better deal on finance, we know that for most, the application process is a hassle. They need to fill out forms and search through old files for the information they need to prove who they are. Often, they might do this late at night when they finally have the time to think.
Then when they lodge their application, it travels from the loan originator to loan operations to appraisals, to the underwriters and finally to compliance. Their forms move back and forth for days and sometimes weeks. They chase various people for an outcome but they’re kept in the dark. And so, they lose time and patience.
Download this thought leadership piece to:
- Learn how the Consumer Data Right will transform customer trust and expectations
- Be aware of how your competitors will take advantage of it
- Find out what you’ll need to create enduring customer value.
Data is one of your biggest assets alongside your products, services, intellectual property and people. To get the most out of it, you will need new ways of thinking about how to manage it.
Read ‘Open Banking and the end of losing time and patience’ to discover how a data strategy will help you compete in the new era of data consent.