Europe2024
bunq became the first bank in Europe to leverage AI in open banking with Mastercard. Europe's second-largest neobank (12.5 million users) integrated Mastercard's Open Banking platform so customers can link accounts from multiple banks in the bunq app. The partnership includes bunq's generative AI assistant Finn, which uses transaction data across those accounts to answer questions (e.g. spending on coffee or restaurant visits). The features launched in the Netherlands, France, and Germany; nearly 40% of surveyed users reported a significant increase in app usage within two weeks.
Source: Mastercard Newsroom →UK2024
The building society deployed real-time savings account funding through Open Banking payments, letting customers move money into savings instantly from other banks via secure, consent-based APIs.
Source: Moneyhub →UK2022
By integrating open banking for bank statement retrieval and automated underwriting, the society cut mortgage Decisions in Principle from 24 hours to 11 seconds for eligible cases and automated most of the journey, improving support for first-time buyers.
Source: Experian UK →UK2025
Following the TSB Innovation Labs programme, UK open banking credit bureau AperiData launched a proof of concept with TSB Bank. TSB gains access to AperiData's Credit Console and open banking data insights to improve credit-related decisions and deliver deeper insights into customers' financial behaviour. Selected fintechs in the programme work with TSB's Open Banking sandbox and real-world data; AperiData also offers AperiScore, a real-time open banking credit score that analyses millions of transactions to predict repayment propensity.
Source: Open Banking Expo →