ANZ NZ taps Bud for Open Banking implementation
New Zealand's biggest bank, ANZ NZ will utilise Open Banking technology from the UK's Bud to improve the loan approval process for business customers. The deal, which marks the beginning of a strategic push by Bud in the Australia and New Zealand markets, will empower ANZ NZ with the capability to ingest and categorise data from prospective borrowers’ bank statements in a bid to streamline the lending process and increase transparency...
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