Connect with us


Yolt becomes first money app to complete the integration of all new users via an Open Banking API

Yolt becomes first money app to complete the integration of all new users via an Open Banking API

Yolt, the smart thinking money app owned by ING, has become the first app to successfully complete the Open Banking integration with one of the CMA9 providers – the RBS Group.

The announcement follows on from the news less than a month ago that Yolt was onboarding up to 100 users per day from RBS, Natwest and Ulster Bank to benefit from the new regulations.

The RBS Open Banking API has now been opened up to all new Yolt users that have a current account with RBS, Natwest and Ulster Bank, enabling them to have more control over their banking data. Following 4,000 successful RBS connections during testing, all new users will now benefit from this connection, enabling them to easily compare different financial products and track their spending across their accounts in one, smart app. Following this success, the next phase will be to begin the migration of existing users which is planned over the next couple of months.

Leon Muis, COO, Yolt, says: “We have been working very closely with both the RBS Group and Open Banking Entity to enable customers to benefit from the innovative money management features that Yolt provides. This latest achievement is testament to all of the hard work that has gone into making this fully functioning Open Banking API connection possible and we will continue to work hard with our partners to allow our users to remain at the forefront of the Open Banking experience.”

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Recent Posts