The future of South African banking is open, with Nick Tuttelberg (DirectID)

<p>Open Banking is a proven technology with proven use cases, and in the UK, perhaps its spiritual home, user numbers continue to rocket - there are now more than 6 million active Open Banking customers there. </p><br><p>However, some other markets are looking on and wondering what the fuss is about. </p><br><p>This was surprising to me. And it was surprising to today’s guest, <a href="https://www.linkedin.com/in/nicholas-tuttelberg-87bb0628/" rel="noopener noreferrer" target="_blank">Nick Tuttelberg</a> of <a href="https://www.direct.id" rel="noopener noreferrer" target="_blank">DirectID</a>. After all, there’s not a business alive today that wouldn’t want better data, and Open Banking provides some unique ways to generate and leverage data. But it seems the concept is still misunderstood in some sectors, so Nick and I take a step back and look at how a market like South Africa could benefit from encouraging Open Banking.</p><br><p>As we mention in our chat, this is the second time I have interviewed someone from DirectID, so if you’d like to deeper dive into the company and its mission, you can listen to my chat with its founder, <a href="https://www.linkedin.com/in/jvarga/" rel="noopener noreferrer" target="_blank">James Varga</a>, in episode 36 of this show: <a href="https://www.howtolendmoneytostrangers.show/episodes/episode-36" rel="noopener noreferrer" target="_blank">https://www.howtolendmoneytostrangers.show/episodes/episode-36</a></p><br><p>But you can learn more about DirectID on their (recently redesigned and now looking very lovely) homepage <a href="https://www.direct.id/" rel="noopener noreferrer" target="_blank">https://www.direct.id/</a> or via <a href="https://www.linkedin.com/company/directid/" rel="noopener noreferrer" target="_blank">LinkedIn</a></p><br><p>LinkedIn is also a good place to find Nick if you’d like to start your own Open Banking journey, he’s here: <a href="https://www.linkedin.com/in/nicholas-tuttelberg-87bb0628/" rel="noopener noreferrer" target="_blank">https://www.linkedin.c