What Open Banking means for you

What it does

Open Banking gives you the most secure way to share any of your data. It means that you can choose which bits of information you share and, who you share them with. So, the opposite of ‘open’ really!

What problem it solves

Using Open Banking means you can share specific bits of your financial data with banks, lenders, or anyone (who is regulated) in the Fintech industry that you choose. In general, this means that any products that recommended to you based on your finances (loans, mortgages etc) can be more personalised, relevant and accurate than they’ve ever been before.
In the case of our tenant vetting service, Connect365, it means that you are more likely to get accepted for a tenancy and more quickly. This is because you’re only giving us a view of highly relevant, true, real time data that can be 100% relied upon. So, our clients (your landlord or letting agent) are happier to make a decision based on it.

Who uses it?

Open Banking was a change to the whole UK banking industry in 2018 backed by the UK Government, so all the main UK banks use it. It has been adopted around the world by 4972 banks in 52 countries (source: https://www.saltedge.com).

How you use it

With Keysafe, all you need to do is follow the guidance given during the application process. You share the data you choose, not passwords or log in details.
Connect365 Tenant Referencing

Simple, Secure, Digital Tenant Referencing

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Our Partners

TransUnion
Global leaders in credit checking, collecting and aggregating information on over one billion individual consumers in over thirty countries.
Yoti Limited
Industry experts providing a simple and secure digital identity system utilised by Keysafe for checking documents for ID and Right to Rent in the UK.
Salt Edge Limited
Open Banking API facilitators woking in Europe, Asia and Pacific and the Americas, providing services to over 3000 banks, fintechs and lenders in over 60 countries.
Paymentshield
Industry experts providing insurance to tenants and landlords. More than 25 years' experience working with some of the UK's best known insurers.

What our clients say

Area Lettings Director, Bourne Estate Agents
"The productivity and efficiency benefits of Keysafe’s product, Connect365, is exceptional. Generating a report on a tenant, understanding via open banking their monthly incomings, outgoings and being able to ascertain their credit worthiness and suitability all within 4 minutes is incredible."
Matthew Pulford
Area Lettings Director, Bourne Estate Agents