AperiData has announced that it has joined forces with payment and retail services specialist, PayPoint. T
The company says that the collaboration marks a significant milestone in the evolution of the UK’s Open Banking offerings. It targets the modernisation of the dated Consumer Credit scoring market by blending in real time Open Banking data for financial assessments. This allows organisations to serve their customers digitally, more accurately and in real time, extending the reach of appropriate and affordable financial solutions into underserved communities.
The partnership is driven by the mutual commitment of AperiData and PayPoint to digitise the affordability calculations so needed in the UK, during the current cost of living crisis. The AperiData Credit Referencing and Open Banking capabilities embedded into PayPoint’s leading Payment services, gives clients more comprehensive financial insight, more paperless and streamlined operations, and ultimately improved consumer outcomes.
Through joint roadmap initiatives, AperiData and PayPoint say are committed to staying at the forefront of Open Banking advancements and addressing the evolving needs of their clients across multiple industries. Through the real time provision of new and emerging data sources our clients can make better and fairer decisions for their end customers.
Andrew Bonsall Co-Founder & COO at AperiData said “We are incredibly proud to announce our partnership with PayPoint plc, a true leader in cutting-edge digital payments solutions. This collaboration marks a profound milestone in the evolution of Open Banking and its potential to make a real difference for our clients and their end customers.”