News release: ApTap and TSB launch bill management pilot
Today ApTap announced it has launched a pilot with TSB for its bill management service as the Bank looks to provide more solutions for customers to help them manage their money with confidence. The pilot will allow TSB’s employees to test the solution
before it’s made available to customers.
ApTap and TSB developed a partnership earlier this year through TSB’s new fintech accelerator program, TSB Labs. Both organisations have developed a proof of concept, to test the platform with TSB colleagues over the next few months. ApTap have supplied a white labelled bill management platform that lets users see all of their bills in one place, allowing them to switch their energy and broadband with a few taps to a better deal.
Screen view of TSB/ApTap platform
TSB’s Head of Partnerships and Open Banking, Jason Wilkinson-Brown said: “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. Open Banking APIs enable banks to deliver some really interesting products and services for customers, and we’re really excited to be innovating in this space. Giving customers the power to manage their recurring payments and save on bills will help them to take control of their finances.”
Will Billingsley, Co-founder and CCO at ApTap said: “We are really happy that we are able to get this pilot of the ground, especially in the current climate. We have been impressed by TSB’s desire to do the right thing for their customers, and by their appetite for innovation. We have the opportunity to prove that integrated bill management is a great addition for major banks and hopefully we can push on to offer this to millions of customers.”
Mobile screen view of TSB/ApTap platform
ApTap builds white-labelled financial management API's that allow banks to offer bill management tools to their customers. ApTap is a next generation affiliate marketplace, housing end-to-end user journeys that allow users to cancel, compare, switch or sign up to services within their banking app. Unlike comparison sites, ApTap automatically recognises recurring payments and uses AI to tailor suggestions to customers while comparing content across various industries. ApTap drives engagement and new revenue for banks and brands while simplifying the customer experience.
TSB is a retail bank with a trusted customer brand, heritage stretching back to the start of the savings bank movement 200 years ago, and a committed workforce that offer full-service banking to more than five million customers. TSB operates on a modern banking platform and serves customers through digital channels, over the phone and in branches across the UK. TSB is part of the Spanish banking group Sabadell.
Co-founder and CCO at ApTap
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TSB, Senior Media Relations Manager
+44 7483 432546