There's been a lot of chatter around Open Banking but what exactly is it?
In short, Open Banking allows you to share your financial data, safely and securely. By providing a direct link between your financial providers and third party services, such as Bean, you have more control over what you share and with who.
Getting started is as simple as logging into your online banking account. When you link an account to Bean we'll send you over to your banks app or website to confirm the permissions - none of your login information will be shared with Bean. Not only that but if you change your mind you can easily withdraw consent at any time from both your online banking account and within Bean.
Currently we support the following banks through Open Banking APIs:
- Lloyds Bank
- Bank of Scotland
- First Direct
- M&S Bank
- Ulster Bank
We are constantly working to add more banks to this list so watch this space for new additions. Alternatively, if you would like to be alerted when a specific bank comes online just pop us a message and we will make sure you get notified as soon as that is available.