What is Open Banking and consents.online?
Open banking is a safe, secure and easy way for you to share your banking information with the trusted credit unions we work with. If your income cannot be verified when you apply, you will need to provide proof of this during the application process. If your bank account is compatible with Open Banking, all you have to do is connect your account to prove your income. This is usually a much faster process than the alternative of finding and downloading your bank statements and uploading them in our portal.
If you decide to use Open Banking, you will connect through our partner, consents.online, who is authorised and regulated by the Financial Conduct Authority (FCA). You can find out more about them at: How it works – consents.online