Welcome to Us

In general, people do not know what to do with their finances, whether that is where to save and how much to save, or how to reduce debt. Our purpose is to make intelligent technology available to every individual and family to help manage their finances, through simple experiences

Let us show you how Us comes to life for a supermarket bank. Welcome to Us powered by Tesco Bank.

#1 Digital banking

  • Full digital onboarding, incorporating ID verification
  • Account creation and instant virtual card issuance
  • Account and transaction overview
  • Enriched transaction details
  • Manage beneficiaries in app
  • Manage domestic and international payments
  • Manage direct debits and standing order
  • Provide bill splitting and bill sharing
  • Manage card and account controls within app
  • Provide customer support in app

#2 Account aggregation

  • Connectivity to add additional accounts where available
  • View consolidation of accounts and aggregated balances
  • View transactions across multiple bank accounts
  • Manage payments from multiple bank accounts within app
  • Manage access and permissioning within app

#3 Categorisation and budgets

  • Categorisation of all transactions
  • Allow for customisation of categories by the individual
  • Insights driven of spend by category
  • Set and manage budgets based on spend per category
  • Create warnings and controls based on spend versus budget

#4 Itemised budgeting and receipts

  • Transactions at itemised level, providing breakdown of spend
  • Itemised level insights and goal setting
  • Facilitate digital loyalty for reward and recognition
  • Link to offers and discounts

#5 Goals, insights and notifications

  • Provide personalised notifications to the individual
  • Allow easy call-to-actions to be driven from these notifications
  • Provide insights based on account and transaction information
  • Allow individual to set and manage generic goals
  • Allow individual to set and manage specific goals
  • Provide insights based on context of goals individual has set
  • Allow individual to manage rules to support achieving goals

#6 Borrowing and saving

  • Provide individual with access to market of savings products
  • Provide individual with access to market of lending products
  • Link to individual’s goals and insights
  • Allow individual to generate a request to publish
  • Construct request based on information already held with permission of the individual
  • Display applicable quotes back to the individual within app
  • Select and apply for lending and saving products in app
  • Allow individual to add product to their overall portfolio
  • Allow individual to set up rules to sweep into saving product
  • Allow individual to set up rules to pay back lending product
  • Regularly check the market as to whether there is a better product on behalf of the individual

#7 Insurance

  • Provide ability to link to insurance products
  • At an itemised level based on transactions
  • Or at macro level based on individual’s need for insurance
  • Allow individual to form a request for quote
  • Construct request based on information already held with permission of the individual
  • Display applicable quotes back to the individual within app
  • Select and apply for insurance products in app
  • Allow individual to add product to their overall portfolio
  • Regularly check the market as to whether there is a better product on behalf of the individual

#8 Offers and discounts

  • Use transaction data to personalise offers and discounts
  • Facilitate seamless redemption
  • Connect to loyalty scheme to provide alternative to fund purchases

Thank you