Using open banking to support the debt advice process - register interest

Since July 2019, our digital project has been using open banking to attempt to speed up the initial information-gathering within the debt advice process. We're hosting a webinar to discuss the use of open banking and how it can support the debt advice process.

What will the session involve?

This webinar will introduce and explore the use of open banking and digital channels to support the debt advice process.

The session provides participants with the opportunity to understand what open banking is, its current uses within the financial sector, and how it’s being harnessed by Money Advice Scotland to support our members with capturing I&E and identifying consumer credit debts.

As we embrace new ways of working, this session will welcome discussion on how these tools can provide a new approach to understanding an individual’s financial situation and prepare clients for dealing with their debt and money worries.

Who should attend this session?

This session aims to provide information on open banking to money and debt advice practitioners.

Additional info

The webinar will last for one hour. Details for this Zoom session will be shared with participants closer to the time.

How to book

Please complete this form to register your interest for future sessions. Once sessions are confirmed, a member of the team will be in touch.

Latest

Money Works webinar 3: Saving and savings accounts

Savings are crucial for financial security and provide a safety net in case of emergencies. With cost of living increasing at an unprecedented rate, it can be even harder to save - especially during a pandemic. In this Money Works session, we will look at different ways to save and discuss the range of savings accounts available.
New Money Advice Scotland board members appointed

As part of our new governance structure, we have appointed four new independent trustees, including a new Chair.
Coronavirus update 10.7.20

A summary of the key points from the UK Government's Summer Statement and Plan for Jobs.
Using open banking to support the debt advice process - register interest

Accessibility
Falkirk Council's Standards Support Journey

Through our Standards Support service, we guide organisations through a range of quality assurance standards, including the Scottish National Standards for Information and Advice Providers. Kenny Bowie, Senior Debt Advice Officer at Falkirk Council has written a blog on his experience of our Standards Support service.
Coronavirus: dealing with debt and money worries

If you’ve been impacted by coronavirus, whether it’s because you’ve lost some or all of your income, or your household bills have increased, it’s important to know what you can do to help with your debt and money worries.
Focusing on wellbeing

Recent months have highlighted the importance of looking after mental health and wellbeing, particularly in the workplace. People working in advice may be accustomed to dealing with clients in crisis, but the coronavirus situation brings unprecedented challenges to an already stressful and demanding role. This post launches our wellbeing focus campaign.
Coronavirus update 21.5.20

Coronavirus (Scotand) (No 2) Bill explained
Update from our CEO regarding Coronavirus

Read our CEO's update on how Money Advice Scotland is handling the current situation regarding Coronavirus.
Coronavirus update 17.4.20

New FCA measures covering personal loans, credit cards, and overdrafts.
Our new financial capability webinars

Our financial capability team has developed two new series of webinars to help promote financial wellbeing.
Coronavirus update 2.4.20

A summary of the key updates relating to coronavirus including the Coronavirus (Scotland) Bill, and changes to recording in credit reports.
Wellbeing round-up

Following our Adviser Perspectives on a Workforce Strategy research, our new wellbeing project will undertake further research to address some of the findings. This blog outlines how advisers can help look after their wellbeing during the pandemic.