Challenger bank Revolut will offer the services of money management app Emma to its customers, after the firms agreed to partner. The partnership has been facilitated by open banking software firm TrueLayer. Customers will have to agree to their data being shared between Emma and Revolut. “Open banking is a great way for banks to provide customers with access to financial services, but it can also be used as an opportunity for fraudsters or criminals to steal customer data,” said Rob
Challenger bank Revolut will offer the services of money management app Emma to its customers, after the firms agreed to partner. The partnership has been facilitated by open banking software firm TrueLayer. Customers will have to agree to their data being shared between Emma and Revolut. Emma, which launched in 2018, aggregates consumer accounts and tracks spending to help customers save money.