Knowledge from Crunch - love accounting

Open Banking is coming to Crunch

Posted on Mar 22nd, 2019 | News and opinion

Open banking is coming to Crunch - Image of someone banking online

At Crunch, we’re always looking to improve and develop our software to make our clients’ lives easier. That’s why we’re pleased to let you know that our development work is going well and we’ll soon be able to provide Open Banking via our software.

Over the past decade, we’ve invested millions each year to develop our software. We’re continuing to develop great new features and lead the way with online accounting software and service.

We know that one of the things that clients find time-consuming and inconvenient is manually uploading bank transactions using a ‘.csv’ file. That’s why we’ve listened to your feedback and have been working on an Open Banking solution to increase the number of banks that we can get secure feeds from.

By linking your bank account to your Crunch software through Open Banking, you’ll be able to enjoy a quicker, cleaner, and secure service without the hassle of manual uploads of bank data. Open Banking can reduce the risk of human error, save you time, and make keeping your Crunch account up to date that little bit easier.

What banks are you working with?

We’re currently testing our software with five banks: NatWest, HSBC, Lloyds, Starling, and Santander. We’re soon going to increase this to include Barclays, Bank of Scotland, First Direct, Marks & Spencer, Nationwide, RBS, and Ulster in the following months.

When can I start enjoying Open Banking?

Open Banking will first undergo a rigorous testing process with a small group of Crunch clients.

Our trials are already underway, and we hope to bring you more good news regarding this process in the coming months.

Open Banking is just one of the many exciting upgrades we’re making to our Crunch software to make our clients’ lives simpler and easier. We’ll keep you updated with more news on software updates in the coming months, so stay tuned!

If you think you’d be interested in our Open Banking Service you can register your interest here and we’ll make sure you’re the first to hear about it.

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Written by Ross Bramble

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