Welcome to our blog
15 March 2023
Over the last few years, Open Banking has been a buzzword in the financial industry, with many touting it as the future of banking. While the benefits to the customers are significant, Open Banking is also proving to be a game-changer for lenders. In this blog, we will take a look at how Open Banking is helping lenders.
7 March 2023
With Planky API, businesses can streamline their reconciliation process and save time and resources. By automating the reconciliation process, businesses can avoid errors and reduce the risk of non-compliance with accounting regulations.
16 February 2023
We are thrilled to announce our partnership with Unity Auto Finance, an auto finance company dedicated to providing customers with a simple, quick, and secure car-buying experience. Our collaboration with Unity Auto Finance has enabled them to leverage the benefits of open banking and make informed, data-driven decisions for their customers.
2 December 2022
Planky is your number one alternative to Credit Kudos. A leading open banking provider, we offer all the open banking services you would have been enjoying with Credit Kudos
1 December 2022
The good news is that the 90-day rule is changing! The FCA, the UK’s finance regulator, has announced a change in the rule with effect from November 2022.
14 November 2022
As a mortgage broker, the Y3S Group knows that time is of the essence in getting customer mortgages approved as soon as possible. Indeed, their service proposition is based around speed including a one hour turnaround on a mortgage decision.
27 October 2022
At Planky, we continuously work hard to keep innovating, improving and transforming our open banking solutions to benefit you and your business. That’s why we’re delighted to announce our new exciting features.
17 October 2022
We’re not only transforming our client’s businesses, we’re transforming our brand!
6 September 2021
Here at FriendlyScore we are constantly looking for new ways to improve our services and deliver you the most cutting edge solutions. We recently made several improvements to our scores to give you the clearest picture of financial credibility and liquidity yet.
12 May 2021
By expanding the scope of traditional credit risk assessments, FriendlyScore enables borrowers to make more financially inclusive lending decisions, especially regarding the often underserved group of near-prime customers.
19 April 2021
Integrating third-party open banking software into an existing platform can be a lengthy and complex procedure that interferes with daily business. FriendlyScore’s web-based solution avoids this process altogether so your business can begin using open banking technology immediately.
23 March 2021
Gathering and manually analysing paper statements to assess would-be borrowers’ credentials has long been a staple of the mortgage industry. But in the open banking era, automated processes using digital information that is more accurate and less susceptible to fraud will soon replace these methods.
1 March 2021
If you operate or work for a credit union (CU) you’ve likely heard of or are familiar with open banking, which enables members to quickly and securely share bank transaction data with a CU. And while it has proven to be a game-changer in the financial industry, your organisation may not yet be implementing it.
22 February 2021
An individual's salary is one of the most valuable data points extracted from raw open banking data. It is also one of the more difficult to assign accurately. This week sees FriendlyScore upgrade their transaction classification model to address this issue directly.
11 September 2020
FriendlyScore is delighted to announce the launch of our new SME Client Dashboard, an intuitive data interface that gives lenders a comprehensive analytical overview of their small business customers’ financials.
29 May 2020
Open banking represents a significant step forward in the way we perform our daily financial tasks. The regulation, which enables you to share your bank data with authorised FinTech third-party providers, led to a stream of digital-age innovation aimed at making customer’s lives easier hit the financial services mainstream. Whether you’re an individual or a business, open banking has got something for you.