Moneyhub, the market-leading data and payments platform today announces its partnership with Teradata, the global analytics and trusted data platform, to launch financial AI with the aim of opening up more opportunities for consumer-facing organisations across the UK and EMEA.
Moneyhub’s FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics needed to create super-personalised offers, products, and services.
Teradata’s Vantage platform enables its clients across industries including financial services, retail and healthcare to collect, and manage their data in order to solve their most pertinent challenges and those of their customers. Combined with Moneyhub’s Open Data technology, customers’ data can be refined and analysed providing a holistic customer picture.
Through the partnership and financial AI , enterprise customers will be able to make the most of the full gamut of capabilities offered by both technology firms, with the opportunity to create truly personalised products and services for customers across the world.
Vaughan Jenkins, Managing Directors of Partnerships at Moneyhub comments: “This partnership delivers the most straightforward route for financial institutions and other consumer-facing organisations to help their customers find the best value for their money. By integrating our technologies, Teradata and Moneyhub can offer a holistic, and consent-driven view for firms on their customers and the products and services they may require to achieve their goals. We’re thrilled to be partnering with another forward-thinking company like Teradata and are looking forward to seeing the benefits for both our clients and the end-customer.”
Colin Crichton, UK AVP Banking and Insurance at Teradata comments: “Teradata is at the heart of most of the largest banks in the UK, providing the trusted data and analytics platform for customer understanding and regulatory compliance. The partnership with Moneyhub and financial AI will help our customers develop the improved customer experience, agility and additional revenue streams that come from the adoption of Open Banking.”