Consumer Data Right (CDR)-powered open banking is the next frontier for broker efficiency. The industry is amid a period of change management, but low awareness is stalling progress.

In this episode of Broker Daily Spotlight, NextGen's chief customer officer Tony Carn discussed the recent acceleration of open banking and how brokers must embrace these new ways of working.

NextGen recently unveiled its Frollo for Brokers platform to help drive adoption rates and mitigate some of the anxiety that comes with change.

Open banking is set to transform mortgage lending by improving speed, accuracy, and security. Brokers, lenders, and consumers all stand to benefit.