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UKs Open Banking chooses Contego to kickstart retail banking revolution

Thursday 18 January 2018 09:57 CET | News

The Open Banking Implementation Entity (the ‘OBIE’) has chosen Contego, a RegTech and compliance specialist, to help kickstart retail banking revolution.

OBIE is the body created by the UK’s largest personal and small business current account providers to create a better way to move, manage and make more of your money, to verify its users and to support the much-anticipated technological revolution that promises to give people greater control over their finances.

Contego’s platform provides a customised solution, with fully automated identity verification delivered in real-time, via a single API - essential for high-speed onboarding. The streamlined process, in-line with government standards, includes: online application, ID verification in real-time, and mobile ID document capture.


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Keywords: Open Banking, UK, Contego, regtech, API, identity verification, digital identity, retail banking, ID checks, online security
Categories: Fraud & Financial Crime
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Countries: World
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Fraud & Financial Crime






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