Myerson Assists with AperiData and PayPoint Collaboration

Myerson Solicitors is delighted to share the exciting news of a transformative collaboration between two industry leaders, AperiData and PayPoint. This groundbreaking partnership marks a significant milestone in the evolution of the UK's Open Banking offerings, setting the stage for the modernisation of the Consumer Credit scoring market through real-time data integration.

Stephen Ashworth, Chief Executive Office at AperiData, said:

"At a time when the cost-of-living crisis continues to impact millions of consumers, and regulatory focus increases on their fair treatment, this partnership with PayPoint allows us to ensure our joint clients have the services they need to ensure good customer outcomes. Chris, Carla and the rest of the Myerson team's detailed compliance knowledge and support was instrumental in helping us create this partnership." 

AperiData's forward-thinking approach combines the power of Open Banking data with PayPoint's expertise in payment and retail services, enabling organisations to serve their customers digitally, with unparalleled accuracy and in real-time. By doing so, this strategic alliance extends the accessibility of appropriate and affordable financial solutions to underserved communities, ushering in a new era of financial inclusion.

Carla Murray, Head of Commercial at Myerson working with AperiData, said:

"This partnership demonstrates an unwavering commitment to digitising affordability calculations, precisely when they are needed most during the ongoing cost of living crisis in the UK. It was a pleasure to be able to support Aperidata on this matter. Chris Moss [(advisor on Bank of Dave)] and I worked collaboratively with PayPoint's compliance team to ensure both parties were able to navigate the complex regulatory and data issues Open Banking and data sharing of this nature entails."

By embedding AperiData's Credit Referencing and Open Banking capabilities into PayPoint's leading Payment services, clients gain a comprehensive understanding of their financial landscape. This seamless integration empowers businesses to streamline operations, reduce paper dependency, and ultimately achieve improved consumer outcomes.

Myerson Solicitors recognises the transformative impact this alliance will have on the financial services landscape. The forward-looking approach of AperiData and PayPoint promises to empower businesses to revolutionise customer experiences, enhance operational efficiency, and contribute positively to the financial well-being of communities across the UK.