TrueLayer named an open banking leader by Forrester
The Forrester New Wave™: Open Banking Intermediaries Q1, 2021 report named TrueLayer a leader.
Forrester’s report is the first of its kind to examine the market of open banking intermediaries and its major players in-depth. The report assessed providers that offered a standalone solution for open banking which supports PSD2, showed broad features and functionality and proven client adoption. The selection of providers covered by the report was also driven by requests from Forrester clients. We’re proud to have been named a leader and to have our payments expertise recognised. We’re also delighted that Forrester highlighted our collaborative and developer-centric approach. It’s a validation of our strategy and the work we do for our clients, but it also makes us even more determined to deliver more!
What did Forrester say?In a competitive market, Forrester noted several areas where we impressed, including:
- Differentiating payments and consent capabilities
“TrueLayer focuses on solving end user problems, visible in its “compelling” customer consent flow, which has a customizable user experience out of the box. Payments solutions are differentiating.”
- The obvious choice for open banking payments in the UK and Europe
Forrester states that TrueLayer “will suit payment-centric firms, particularly in Europe. A big footprint with many of the leading banks in the UK and Ireland make it an obvious choice for this market.”
- Developer-centric approach
When it came to how we work with clients to help them integrate open banking solutions, Forrester noted: “developers will like its portal, comprehensive FAQs, and community guidance”.
- Strong client track record and collaborative approach
Customer references noted that TrueLayer is a highly collaborative organisation, with a strong track record. One stated: “Their solution is cost-effective and easy to integrate. Their mobile app-to-app consent flow is a compelling experience.”