Credit Kudos appoints former Barclays' Open Banking specialist Manoj Peiris as head of legal

Source: Credit Kudos

Credit Kudos has announced the appointment of Manoj Peiris as its new Head of Legal as it seeks to further enhance its proposition for partners, from fintechs to high street banks.

Manoj has over 16 years’ experience in legal roles, predominantly in in-house positions at financial institutions. Prior to joining Credit Kudos, he was Legal Counsel at Barclays UK, and previously held roles at The Payments Council, Lloyds Banking Group, Oodle Finance, RBS, and Société Générale. He is a specialist in payments, Open Banking (CMA Order and PSD2), and data protection.

Manoj brings a wealth of Open Banking knowledge to Credit Kudos, having been involved since day one. At Barclays, he advised on and negotiated implementation of the CMA Retail Banking Market Investigation Order 2017 and PSD2. He was also the lead adviser on the launch of Barclays’ UK Account Information Service (AIS) and Payment Initiation Service (PIS) through the Barclays mobile app.

In his role at Credit Kudos he will be responsible for providing strategic advice on new products and services and supporting Credit Kudos’s growth within the current legal and regulatory framework. He will also lead the fintech’s engagement with regulators and industry bodies to help inform future policy changes

Freddy Kelly, co-founder and CEO, Credit Kudos, said: “Like Credit Kudos, Manoj has been at the forefront of Open Banking as it has grown in the UK and he has the perfect skillset to help us design solutions specifically suited to the requirements of financial institutions - particularly the incumbent banks as we continue to grow our partners in this space. We’re extremely excited for him to join the team as we look to further enhance our proposition, ensuring Open Banking remains the gold standard for credit scoring for fintechs and banks alike.”

Manoj Peiris, Head of Legal, Credit Kudos, added: “I have watched Credit Kudos’ growth with interest. What Freddy and his team have built is hugely impressive; Credit Kudos is not only disrupting but entirely transforming the credit reference sector, providing insights and analysis that are game-changing for credit providers. The solutions Credit Kudos has developed will help banks and other lenders extend their services to more people as they look to bounce back from the economic damage of the pandemic and grow their loan books responsibly.”

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