London fintech Tail is a cashback platform built on the promise of Open Banking

London fintech Tail is a cashback platform built on the promise of Open Banking

London-based Tail is a new fintech startup that offers a glimpse into the promise of Open Banking. This is seeing upcoming legislation in the EU and U.K. force banks to offer third-party developer access to your bank account data — with your permission, of course.

The app, initially available for iOS and serving London only, offers heavy discounts at local places to eat and drink, all linked to…

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