Gain efficiency
and engaged customers
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.
Benefits at every step of the customer journey
Attract new customers
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.
Engage and empower
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.
Improve lending and reduce risk
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.
Results that make a difference
33% new users
With 33% of DABOX users not being CGD customers, their app is attracting a lot of new consumers across Portugal.
75% engagement
Out of the 7.2m NatWest customers that have already used the feature, 75% are engaging with it on a regular basis.
<10 minutes
GF Money reduced underwriting decisions to less than 10 minutes – when it used to take them 2 hours.
How CGD launched an award-winning banking app – in 6 months
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.
Money Manager
How CGD launched an award-winning banking app – in 6 months
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.
Money Manager
Rui Negrões Soares, Head of Digital Bank Department at CGDWe 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.
Rui Negrões Soares, Head of Digital Bank Department at CGDWe 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.
Partnering for impact
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
Partnering for impact
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
Sustainability: enabling users to track and reduce their carbon footprint
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.
Sustainability: enabling users to track and reduce their carbon footprint
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.
Contract management: beyond banking with embedded subscription management
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.
Contract management: beyond banking with embedded subscription management
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?
Ready-to-go products to solve different needs
Account Check
Confirm account ownership with real-time data straight from a user’s bank account, creating a quick and simple payment setup process.
Transactions
Access up-to-date transaction data from thousands of banks across Europe – already standardised so you can extract real value and insights.
Money Manager
Build smart, intuitive personal finance management applications that give your customers tools and personalised insights to better manage their money.
Payments
Increase engagement and conversion by giving your customers a fully embedded payments experience – at a fraction of the cost.
Income Check
Optimise credit decisions and understand your customers’ true financial capacity by instantly verifying income using real-time data.
Risk Insights
Start assessing creditworthiness with real time, up-to-date and verified data giving unique insights into spending behaviours.
More on the topic of banking
What is multi-banking, and what is it good for?
Multi-banking makes it easier for people to see the full picture of all their finances by gathering all their accounts in one view. Here’s why that can make a big difference for consumers and businesses.
New priorities for bankers – and how open banking can help
Banking priorities have changed as a result of the pandemic. Discover the three focus areas that are top of mind for financial executives – and how open banking can help institutions tackle all three by leveraging financial data.
Banking executives see an irreversible digital shift caused by Covid
In our new report ‘open banking in a post-pandemic world’ 41% of Europe’s financial executives believe the digital shift caused by Covid is permanent – with over two thirds saying the pandemic has increased their focus on open banking.
Get started with Tink
Contact our team to learn more about what we can help you build – or create an account to get started right away.
