NZ Open Banking supplier Wych is gearing up for a development push on each side of the Tasman and has employed business veteran, Ben ‘Fintech’ Ford (pictured), to guide gross sales efforts in Australia in a newly created ‘Head Of Gross sales, Australia’ position.
Wych, who serve purchasers in Australia and are working with a number of main New Zealand-based banks because it strikes in the direction of its personal Open Banking regime, is uniquely positioned to information clients in each jurisdictions having been a part of the Australian Open Banking ecosystem since 2018 and now on the forefront of the Open Banking push in New Zealand.
Wych provides Open Banking providers for Knowledge Recipients, Knowledge Holders and people requiring Knowledge Holder Testing, making it considerably distinctive within the Open Banking sector, the place vendor choice is usually a vital pain-point and useful resource drain for members.
Ford, who has been concerned in Open Banking in Australia since its inception in 2017 and has held senior gross sales and development roles at banking knowledge suppliers Yodlee and Frollo mentioned, following his appointment, “I’m excited to hitch Wych at a time when Open Banking momentum is selecting up once more, particularly following the current formal announcement concerning the inclusion of non-bank lenders beneath the Shopper Knowledge Proper.
“Wych’s “triple-threat” of information recipient, knowledge holder and knowledge holder-testing options implies that we are able to present a novel single-point software program suite to the business to fast-track organisations in extracting all of the thrilling great things that Open Banking can present to shoppers, in addition to fulfilling the regulatory and compliance obligations of Shopper Knowledge Proper members.”
“The Wych tech crew and platform is second-to-none, and the truth that they now depend ‘Tier 1’ banks as clients, and have carried out CTS testing for the ACC is a testomony to this.”
Commenting on the appointment of Ben Ford, Wych Founder and CEO, Dermot Butterfield mentioned, “We’re delighted to have Ben on board. He’s been across the Open Banking ecosystem for a few years and is aware of first-hand the challenges but additionally the rewards it will probably deliver. We stay dedicated to growing a ‘Full Open Banking’ strategy and we really feel that this gives a novel level of distinction to CDR members and shortens the timeframe to adoption.”
