Permanent TSB opens up new API portal
Tom Hayes, Permanent TSB: “We are now one of the best in the market for real time decisioning”
Permanent TSB has launched a major new API Developer Portal that will offer third-party fintech and payment providers an easy way to integrate their digital services with the bank.
This is part of the bank’s Digital Transformation Strategy and will see the new portal allowing third-party fintech companies and payment providers to offer their services to the bank’s customers.
“The bank has a renewed Digital Transformation Strategy that is designed to ultimately deliver a suite of compelling customer experiences, in this era of greater consumer convenience and innovation,” says Tom Hayes, chief technology officer of Permanent TSB.
“We are now one of the best in the market for real time decisioning for term lending via our app – customers can get approval for a term loan in less than 15 minutes. We also have a number of new digital product and service launches in the coming months,” Hayes adds.
The initiative follows the introduction of the EU’s revised Payment Services Directive (PSD2). Permanent TSB says it is actively engaging with third-party providers as part of this initiative.
Permanent TSB was formerly known as Irish Life and Permanent, and is based in Dublin, Ireland.
