Tap into a treasure trove of data to offer better digital experiences and increase efficiency. Open banking brings a lot of new possibilities, helping banks quickly deliver sleek digital solutions to attract and engage customers – while also simplifying operations.
Offer digital banking experiences that consumers are looking for, and make it easy for them to become your customers. CGD launched an award winning app from scratch, in less than 6 months, with 33% of users being new customers to the bank.
Consumers want to feel in control, and expect digital experiences that are easily accessible and highly personalised. Tink’s Finance Management products are designed to create unique and engaging user experiences, at scale.
Using open banking can help banks make better-informed decisions based on real-time data and speed up digital applications, improving the customer experience and streamlining processes by removing friction and paperwork.
With 33% of DABOX users not being CGD customers, their app is attracting a lot of new consumers across Portugal.
Out of the 7.2m NatWest customers that have already used the feature, 75% are engaging with it on a regular basis.
GF Money reduced underwriting decisions to less than 10 minutes – when it used to take them 2 hours.
Challenge: deliver a better digital banking experience
Caixa Geral de Depósitos (CGD), a Portuguese banking giant, wanted to give their 4 million customers – and consumers across Portugal – access to features that help them understand and manage their money effortlessly.
Solution: a personalised financial coach app
Built in partnership with Tink, CGD launched a brand new personal finance management app – DABOX – in just six months. DABOX works like a personal financial coach, giving Portuguese consumers unprecedented insight into their economy and helping them set budgets and savings goals.
Challenge: deliver a better digital banking experience
Caixa Geral de Depósitos (CGD), a Portuguese banking giant, wanted to give their 4 million customers – and consumers across Portugal – access to features that help them understand and manage their money effortlessly.
Solution: a personalised financial coach app
Built in partnership with Tink, CGD launched a brand new personal finance management app – DABOX – in just six months. DABOX works like a personal financial coach, giving Portuguese consumers unprecedented insight into their economy and helping them set budgets and savings goals.
“We are proud to have launched the first bank-agnostic PFM app in the Portuguese market, and its success reflects consumer demand for financial tools that really add value.”
Head of Digital Bank Department at CGD
Tink's personal finance management and data enrichment technology can easily plug in with third-party providers, to enrich transaction data beyond attributes and actions and deliver innovative and engaging solutions within the digital banking app
Tink's personal finance management and data enrichment technology can easily plug in with third-party providers, to enrich transaction data beyond attributes and actions and deliver innovative and engaging solutions within the digital banking app
By integrating with providers of carbon footprint insights and Tink's PFM and data enrichment technology, banks can offer customers insights on their carbon footprint based on daily transactions and offer nudges to help reduce their climate impact directly in their mobile banking app.
By integrating with providers of carbon footprint insights and Tink's PFM and data enrichment technology, banks can offer customers insights on their carbon footprint based on daily transactions and offer nudges to help reduce their climate impact directly in their mobile banking app.
By integrating with players providing subscription switching or canceling and Tink's pattern recognition technology, banks and fintechs can enable customers to view their subscriptions, compare with other offers in the market, and cancel their contracts directly in the digital banking app.
By integrating with players providing subscription switching or canceling and Tink's pattern recognition technology, banks and fintechs can enable customers to view their subscriptions, compare with other offers in the market, and cancel their contracts directly in the digital banking app.
Are you interested in partnering with us and helping power the future of banking together?
Are you interested in partnering with us and helping power the future of banking together?
Confirm account ownership with real-time data straight from a user’s bank account, creating a quick and simple payment setup process.
Get real-time transaction data - straight from banks, and delivered in a standardised format.
Build smart, intuitive personal finance management applications that give your customers tools and personalised insights to better manage their money.
Increase engagement and conversion by giving your customers a fully embedded payments experience – at a fraction of the cost.
Optimise credit decisions and understand your customers’ true financial capacity by instantly verifying income using real-time data.
Start assessing creditworthiness with real time, up-to-date and verified data giving unique insights into spending behaviours.
Contact our team to learn more about what we can help you build – or create an account to get started right away.