FinTech Magazine February 2021 | Page 26

TAB BANK
26 and mobile banking platforms in the United States are very inflexible ,” Palmer says .
Using open banking has empowered TAB to fine tune and tailor its new platform , as well as partner with market leaders to expedite the process of bringing it to market .
“ We ’ re headed to that real open platform , with functionality that even allows customers to drop and drag widgets and other useful things like that ,” Palmer continues . “ If I ’ m a small business owner and I want to see all the cheques that are clearing that day , or the transactions that are going to post , I can move that to the top . Or maybe I ’ m a consumer , and I am always worried about my balance because I ’ m living paycheque to paycheque , so I want that to flash to the top of mind . That ’ s efficient and effective for our customers , whether they are consumers or small business , and our hope is that by introducing these new services – and more in the future – we will drive engagement with TAB Bank , and customers will realise , ‘ This is where I can really live my financial life ’.”
FEBRUARY 2021