Welcome to the second unwrapped episode of The Finance Burritos digital finance season. Today we are going to introduce you to our new friend - open banking. He seems a little scary at first, but trust us, you are going to like him.

If you've ever changed banks, or applied for a home loan, you know the frustrating processes involved, from transferring all your direct debits to collecting your transaction history, sometimes it can seem too much of a bother. This is where being acquainted with open banking comes in handy. The general gist is that you will be in control of your finance data and be able to share it with other banks or third party organisations in a regulated and safe way.

In this episode, Tom and Liv are going to tell you everything you need to know about open banking and how you can use it to your advantage. Special guest Piet Van Den Boer from Frollo, a budget management app, sits down with the duo to share how they are leading the charge in open banking in Australia.

Send us a message on Instagram if you want to know more about open banking.