back Back

Tink & An Post expand partnership to offer smart budgeting tool in Ireland

By Gloria Methri

August 09, 2023

  • An Post
  • An Post Money
  • Budget Tracking
Share

Tink, Open Banking, An Post, Money Manager European open banking platform Tink has expanded its existing partnership with Irish postal services provider An Post. Just 16 months since the initial partnership was announced, An Post’s free Money Manager smart budgeting tool is now available to everyone in Ireland, expanding access to the service beyond solely An Post Money customers.

Using Tink’s open banking technology, the Money Manager smart budgeting tool securely links people’s current accounts and credit cards from all major banks in one place. It provides them with a deeper understanding and more holistic view of their financial behaviour over longer periods of time.

Completely personalised, it allows users to better manage their savings and set budgets to stay on track with their financial goals. To facilitate this, spending and budget alerts show users when they are approaching their personally set limits enabling them to adjust their spending accordingly.

They also receive useful insights into things such as unusual transaction patterns and can categorise spending into different categories so that money can be mapped and tracked on an ongoing basis – helping to reduce financial surprises.

Tasha Chouhan, UK & IE Banking Director at Tink, said, “The expansion of our partnership with An Post means that anyone with a bank account in Ireland can now use their open banking-powered Money Manager app to access real-time insights into their financial circumstances. At a time when many are struggling with their day-to-day finances, this will add considerable value to customers – putting power back into their hands and allowing them to make informed financial decisions.”

Bruce Richardson, Senior Manager Change at An Post added, “We are proud to expand our existing partnership with Tink – allowing anyone with a bank account in Ireland to use our engaging Money Manager tools. This enables us to provide people with a real-time view of their financial situation, with features which will help users to improve their financial situation.”

An Post recently launched a national TV campaign to raise awareness of the benefits of using open banking to help people manage their finances. Existing An Post Money customers can use their ten-digit User ID to access the app once downloaded while new customers who wish to use Money Manager can download the An Post Money app on the App Store or Google Play and link their accounts. 

Previous Article

August 09, 2023

Techvista Systems wins 2023 Microsoft Country/Region Partner of the Year award

Read More
Next Article

August 09, 2023

5 Investors tapping into FinTech opportunities in India

Read More






IBSi Daily News Analysis

June 21, 2024

An Post

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 21, 2024

MECCA & Adyen to offer a seamless payments experience in Australia

Read More

June 21, 2024

Vipps, MobilePay launch cross-border P2P payments in the Nordics

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023