Intelliflo receives FCA registration to facilitate growth of Open Banking

by | Aug 29, 2019

Share this article

Intelliflo has been authorised by the FCA for registration as an account information service provider. AISP status ensures that Intelliflo can continue to aggregate information from client’s bank accounts.


 

This capability, available via the Personal Finance Portal (PFP), enables advisers’ clients to review the daily balances on their bank and other accounts, providing them with a holistic overview of their finances at any time.

Intelliflo already has integration with Yodlee, providing client data via screen scraping, which therefore required the company to seek authorisation to continue to carry out this activity, in line with the Payment Services Directive which comes into force in September 2019.

 

The FCA registration means Intelliflo can expand use of Open APIs which enable third-party developers to build applications and services that deliver enhanced connectivity for advisers’ clients to a broad range of financial products and services.

Share this article

Related articles

How to generate referrals

How to generate referrals

Having a sound client acquisition strategy in place is a key element in successful financial planning businesses. As you consider your strategic priorities for 2021, Faith Liversedge shares practical tips on how you can improve your approach to generating client...

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode