Contego will be supporting Open Banking’s identity proofing and verification processes and ensure security and customer needs are embedded at its core. Contego’s platform provides a flexible, customised solution, with fully automated identity verification delivered in real-time, via a single API – essential for high-speed onboarding.
The open API allows third party developers to create applications which will enable banking customers to securely gain greater insight and control over their finances and additionally deliver freedom to access an open market of financial services that provide more personalised services for sound banking decisions.