Leading property software firm embraces rent tracking tech
Property software company MRI and rental passport proptech firm Canopy have struck a distribution deal to offer estate agents and their tenants the latest Open Banking-based referencing and rent reporting technology.
Open Banking is an EU-wide system that forces banks to allow their customers to digitally share their bank account statements with third parties such as Canopy. This means tenants can agree to have their bank accounts ‘read’ and details of when, and how much rent they pay recorded.
Source: The Negotiator
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