U.K.-based CreditLadder, an online platform that enables tenants to help build credit score, launched an open banking service today, making it the first in its sector to do so.

Thanks to European regulation PSD2, users can now authorize CreditLadder to access their banking transactions through open APIs. By accessing information on a user’s transaction history, CreditLadder can in turn help improve credit scores by giving them access to better suited mortgages and loans etc.

Read more at The Negotiator and Finextra.

To learn more about the latest developments in European fintech regulations and mobile banking, join us on March 5-6, 2018 at the Parc 55 in San Francisco for Bank Innovation 2018. Click here to request an invitation.