The Problem - Lack of Insights Open Banking data has the potential to address fundamental challenges... 13m people struggling financially* Banking fraud is getting out Digital payments are not and 6m people excluded from of control cost-effective mainstream finance** ...but the lack of intelligent insights is holding the industry back Lack of meaningful Credit risk and fraud detection Consumers are missing out on categorisation makes data systems are outdated and intelligent product irrelevant inaccurate recommendations © Ducit.ai - Private & Confidential *Nationwide 2018 - Open Banking for Good 3 **Financial Times/Experian 2018 - 5.8m Britons excluded from mainstream finance