An Post makes smart budgeting tool available across Ireland

Money Manager goes national after 16-month trial

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An Post is bringing the open banking specialist’s Money Manager tool to consumers across Ireland following a 16-month trial.

Developed with Visa-owned Tink, Money Manager smart budgeting tool securely links current accounts and credit cards from all major banks in one place, giving them a deeper understanding and more holistic view of their financial behaviour over longer periods of time. To facilitate this, spending and budget alerts show users when they are approaching their personally set limits enabling them to adjust spending accordingly. They also receive insights into unusual transaction patterns and can categorise spending into different categories so that money can be mapped and tracked on an ongoing basis.

Tasha Chouhan, UK & IE banking director, Tink, said: “In the current economic climate, people are understandably on the lookout for tools to help them understand and track their spending. 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: “Our recent researchshows people in Ireland feel a lack of financial control, as they try to keep afloat during challenging times. In fact, almost nine-in-ten (87%) over 18s have expressed financial concerns for the year ahead. 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.”

Tink is a wholly owned subsidiary of Visa.

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