Revolut's new Open Banking feature now available to over one million users in Ireland
All of your banking information accessible in the one place.
Revolut has launched a new feature that will enable users to access all of their bank information via the Revolut app.
Revolut customers can now connect their AIB, Permanent TSB, Ulster Bank and Bank of Ireland bank accounts to Revolut, allowing them to see all of their balances and transactions in the one app.
Customers can track their spending and set budgeting controls for their Revolut and Irish bank accounts.
Once customers have given Revolut their consent, it will ask their other non-Revolut account providers for their account information and display that information in the Revolut app, providing them with all their balances, transactions and spending insights.
However, Revolut has said that at no point in this process does it have access to a customer’s security credentials for their bank account.
Joshua Fernandes, Product Owner for Open Banking at Revolut, said: "With the rollout of our Open Banking feature, our retail and business customers in Ireland can now view and manage multiple Irish bank accounts, enabling them to interpret their day to day spending across all of their accounts, with the added benefit of making our offering even more relevant, user-friendly, faster and more cost-efficient for our customers."
Over one million people in Ireland have a Revolut account.