Issue link: https://go.axway.com/i/1321495
31 Open Banking APIs State of the Market Report 2020 FINTECH DESCRIPTION PROMISING PRACTICE UK Realtime account data assessment services Replaces/disrupts traditional credit bureau and credit scoring markets by drawing on account information data to make more informed decisions on financial health, loan capacity and reputation scores of bank customers. NORTH AMERICA Cash optimization software tool Connects with large number of US banks. Uses account transaction history to forecast cashflow and enable optimization analysis LATIN AMERICA Offers payroll loans underwritten by government Integrated with Banco de Brasil to offer loans to bank customers, or if loan approved, can help the end customer establish a bank account for receiving loan amounts. ASIA PACIFIC NOVA Corporate services advisers specializing in compliance, auditing and digital transformation services in Asia Pacific. Leverages relationships with corporate customers to assist them with automating financial and business services, including installing account keeping software and linking to the customer's bank accounts. PROMISING PRACTICES