The AI chatbot answers criteria queries instantly from internal staff, brokers and customers.

The West Brom has partnered with Netcall to digitalise its application process for new savings accounts.

Almost a third of firms who applied for finance in Q2 were offered a rate of 11% or more.

Firms can apply from the banking, investment, lending, payments, insurance and pensions sectors.

A fifth of brokers say that very few lender proposition updates in the last year have enabled them to help more of their clients.

The tool enables lenders to price and deliver improved mortgage propositions.

‘MBT Sandbox’ aims to help lenders make smarter product, pricing, criteria and affordability decisions.

In December 2021, PDP selected Moneyhub and two other potential commercial dashboard providers to work with the programme in an initial six-month phase.

Etive Technologies has launched its MyIdentity scheme through the FCA's regulatory sandbox, which allows firms to test new offerings in a live environment before a wider rollout.

The FCA has opened application windows for two ‘sandbox’ services to support innovative firms tackling challenges caused by the Covid-19 pandemic.