The future is now. Commit to Open Banking. Learn more
An open letter from Basiq’s CEO and Founder, Damir: “Dear financial industry, I don’t know how to put this any more simply than; screen scraping for banking data is dead. It’s time to move over to Open Banking.”
Open finance API platform, Basiq, has launched a campaign to raise awareness of the imminent risk to businesses relying on access to customer banking data via web connectors, encouraging them to make the move to Open Banking as soon as possible.
Basiq is open for payments and our product suite is expanding with the addition of our Send API. Send gives customers the ability to pay out funds to their customers or suppliers directly from the Basiq platform in real-time.
Until recently, web connectors were the most reliable way to access customer banking data. However, big external changes have seriously impacted businesses relying on this data method to connect with banks and service their customers.
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