AperiData Advances in TSB Bank Innovation LABs to Shape Open Banking Strategy

AperiData Advances in TSB Bank Innovation LABs to Shape Open Banking Strategy

FinTech Wales member, AperiData, is thrilled to announce its advancement in the 2024 TSB Bank Innovation LABs program. Selected from a cohort of 13 trailblazing fintechs, AperiData impressed TSB stakeholders with its commitment to enhancing customer money confidence through Open Banking technology. After initial engagements and presentations to TSB’s senior leaders, AperiData was chosen to progress to Phase 2 of the prestigious program.

Since being selected in August, AperiData has collaborated closely with TSB stakeholders, exploring ways to leverage Open Banking to drive smarter and more efficient operations. The partnership has yielded invaluable insights, emphasizing the potential of Open Banking in strengthening customer confidence and driving a transformative shift in banking operations.

In Phase 2, AperiData will work with TSB to deliver enhanced Open Banking solutions aimed at:

• Elevating customer experiences by delivering more tailored, relevant services.
• Improving credit decisioning to ensure better outcomes for TSB customers.
• Providing deeper insights into customer financial behaviors.
• Facilitating access to financial products for SMEs, helping businesses grow with the right financial tools.

AperiData is excited to continue collaborating with TSB on this journey and remains dedicated to advancing innovative Open Banking solutions that benefit both individual and business customers.