Snoop's guide to Open Banking
Open Banking is a new secure tech that lets you use your own banking data to your advantage. You can choose to share it with other providers so they can show your money in more helpful ways.
All your accounts together
One of the big benefits of Open Banking is that a provider like Snoop can take balance and transaction info from your different bank accounts or credit cards and show it to you in one place. See the bigger picture or get into the detail whenever you like.
You're the boss
None of this happens without your say-so. You choose which services to use and who gets access to your info. And you can change your mind at any time. Snoop can do all sorts of helpful things, but only with your permission. As it should be.
Open Banking uses the latest secure tech, and operates to the same high standards of security as your bank. And crucially, you're never asked to share your password or login details with anyone but your own bank. So Snoop never sees or asks for this stuff.
Apps and websites like Snoop that use Open Banking all need to be registered with the Financial Conduct Authority. Which we are. There are strict rules about how we do things and especially how we look after your data.