Moneyhub Enterprise Strengthens Senior Team in Preparation for Open Banking Legislation

Moneyhub Enterprise has promoted two members of its senior team in preparation for the implementation of Open Banking in January 2018.

Moneyhub is at the forefront of the coming changes, working closely with the Open Banking Implementation Entity to define the standard for UK Banking APIs. Strengthening the senior team allows the company to maintain its status as forerunner in the industry.

Dan Scholey has been promoted to Chief Operations Officer (COO), from his previous position as Chief Product Officer, where he worked diligently in ensuring a smooth product cycle whilst ensuring that the Moneyhub technology solutions encouraged positive behavioural change that engages consumers.

Warren Turner has been promoted from Financial Controller at Moneyhub, a position he has held for nearly three years, to Financial Director. Both Warren and Dan report directly to Chief Executive Officer Samantha Seaton who was appointed CEO in September 2016 after a six month period as Moneyhub Commercial Director.

Moneyhub supports any company selling products and services to end consumers, or seeking to empower their user base to achieve financial goals and wellbeing. Focusing on an individual and their wealth profile, Moneyhub brings together all of their financial accounts and assets into one place and uses award-winning artificial intelligence to provide clarity and insight to achieve their financial goals and wellbeing.

Open Banking will increase Moneyhub’s efficiency and ability to provide technology to enterprises, as the service will be streamlined due to the enforcement of APIs.

Samantha Seaton, Moneyhub CEO, commented: “Moneyhub is providing cutting edge technology to the financial services industry, giving unprecedented understanding of their customer or employee behaviours, aspirations, needs, and opportunities. Dan’s promotion to COO and Warren’s appointment as FD serve to strengthen our core senior team. We are ready to deliver solutions with our enterprise partners, which will have a positive lasting direct impact on the UK consumer’s financial wellbeing.”

The announcement of the promotions comes following the launch of Moneyhub Enterprise, which provides white-labelled software to enterprises. Moneyhub offers businesses unique insight into customer needs, behaviours and aspirations, supporting the development of targeted and innovative products to suit their individual requirements. Moving forward, with the implementation of Open Banking next month, Moneyhub will provide an even quicker and more efficient service which will serve to increase consumer loyalty towards institutions.