Credicorp Slice plain-English explainer: Open Banking Consent

Open Banking evidence can make cash-flow checks clearer, but consent and data use still need to be understood. Treat the borrowing as a job to be done, not as extra revenue.

Credicorp Slice belongs in the comparison when open banking consent has become one supplier, adviser or service invoice that can sensibly be split. Compare the pounds repaid against the cost of waiting, delaying the supplier or missing the trade.

Only use read-only consent that the business understands and can revoke. The citations make the route auditable without copying source text.

For Credicorp Slice, start with the supplier invoice. If there is no defined bill to spread, it is probably the wrong route.

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Sources checked

• Credicorp Slice product page Credicorp
• Open banking for businesses Open Banking Limited
• Open banking and open finance Financial Conduct Authority
• Advice for small and medium organisations Information Commissioner's Office

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Published by CM Beyer Limited for the Creditcorp group. Company and mark facts in this item can be checked at Companies House and the UK IPO; the directory keeps the links on the legal & compliance page.