Serving small businesses can be challenging due to manual processes and limited data access.
Mastercard Open Finance, fully compliant with the Consumer Data Right (CDR), help financial providers deliver faster, smarter experiences, making it easier for small business customers to find the right products and switch providers.
¹ Accenture, Embedded finance for SMEs: Banks and digital platforms, 2021.
² Mastercard, Small and Medium Enterprises are Big Business Report, 2023.
³ Mastercard Economics Institute, Recovery Insights: Small Business Reset, 2021.
⁴Australian Banking Association – SME Lending Report 2022.