/start ups

News and resources on fintech start-ups, scale-ups, hubs, accelerators, VCs and funding worldwide.

TSB launches bill management pilot

TSB Bank is launching a pilot for a bill management and utility switching service in partnership with white-label fintech provider ApTap.

Be the first to comment

TSB launches bill management pilot

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The service will be aimed at helping customers manage their finances by seeing all their bills in one place and making it easier for them to save money by switching energy or broadband providers "with a few taps".

TSB's partnership with ApTap goes back to an engagement at the bank's fintech accelerator programme, TSB Labs, and has now borne fruit in the proof of concept for the bill management pilot

The pilot is will aim to assist TSB employees manage their finances before the service is rolled out to customers.

Will Billingsley, ApTap's co-founder and COO, believes the ongoing challenging economic conditions will accentuate this service's importance as a money-saving utility, with millions of people facing unemployment and the consequent financial difficulties that entails.

Jason Wilkinson-Brown, TSB's head of partnerships, hails the pilot this as an example of Open Banking delivering interesting and innovative products and services.

"Giving customers the power to manage their recurring payments and save on bills will help them to take control of their finances," he says.

“ApTap are one of the first graduates of our TSB Labs programme so it’s great that we’ve been able to launch this proof of concept with them."

Sponsored [On-Demand Webinar] Ensuring Interoperability in the Age of Global, Cross-Border e-Invoicing

Comments: (0)

[New Report] Payments Modernisation: The Big Survey 2024Finextra Promoted[New Report] Payments Modernisation: The Big Survey 2024