Luna Connect Blog

Practical Guide to Open Banking and PSD2 Part II: Are you ready?

May 23, 2020 3:05:20 PM / by Brian D'Arcy posted in Credit Union, Luna Connect, AI, Digital Lending, SME Lending, open banking, psd2

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In this post I'll outline how to plan your Open Banking project, and ask is Open Banking ready, is your business ready, and most importantly are your customers ready.

The OBIE in the UK publishes a monthly report on the Open Banking ecosystem, regulated entities and providers. This is a great source of information on adoption, and the Open Banking February Highlights provides stats on the number of successful API calls having risen from 280.5 million to 321.3 million (December 2019 to January 2020).

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Practical Guide to Open Banking and PSD2 Part I: Lending

May 16, 2020 3:28:59 PM / by Brian D'Arcy posted in Luna Connect, Digital Lending, SME Lending, open banking, psd2

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In this post, and the next 2 blog posts, I'll cover how Open Banking and PSD2 can be used practically, today. Lending is changing from face to face and phone interactions to self-service online digital experiences, and this is being accelerated globally to protect staff and customers from the spread of COVID-19 (Coronavirus). Data and APIs are the key ingredients in driving down costs and risk, increasing automation, and delighting borrowers with amazing customer experiences.

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Automating Small Business Lending with AI

Nov 1, 2019 8:36:00 PM / by Brian D'Arcy posted in Luna Connect, AI, Digital Lending, SME Lending

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Artificial Intelligence is transforming the way we bank. Fintech companies and start-ups are causing a revolution within the lending world, and as the ever-growing importance of data analysis for making informed business decisions increases, so does the demand for artificial intelligence and automation in modern business.

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Top 5 lessons learned about lending and AI

Oct 1, 2019 8:35:00 PM / by Claire Gallagher posted in Luna Connect, AI, Digital Lending, SME Lending

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We are thrilled to be participating in Data Pitch, an open innovation programme that helps start-ups and SMEs innovate with data. On the Data Pitch Accelerator, Luna Connect applied machine learning models to automate lending for SMEs across the UK and Ireland, therefore providing quicker lending decisions.

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Luna Connect is Silicon Republics Start-up of the Week

Aug 23, 2019 9:11:00 PM / by Brian D'Arcy posted in Credit Union, Luna Connect, AI, Digital Lending, SME Lending

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Silicon Republic: Our Start-up of the Week is Luna Connect, a digital platform for lenders that makes it easier to provide loans online

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