Altfi

SME lenders accelerate data and tech adoption

Publication: Altfi
16th November 2021


Our Co-Founder and CEO of Funding Xchange, Katrin Herrling, comments on how Funding Xchange is harnessing the power of Commercial Credit Data Sharing (CCSD) data – providing much more effective coverage of bank account movements than Open Banking data.

Comments from AltFi article: “The promise when open banking was released was actually much bigger than what it has delivered.

Instead, Katrin pointed to Commercial Credit Data Sharing is a rather more impactful development, describing it as a “dark horse that has actually come behind open banking, much simpler, much lower impact on customers, with really rich and insightful data available.”

For more infomation please read the full article on AltFi here.