Inbest
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About
Inbest is a benefits calculator aimed at enhancing the financial well-being of UK households by helping them identify and claim benefits and discounts they are entitled to. It utilizes existing customer information to compare the benefits received with potential entitlements, thereby encouraging partners to notify customers of unclaimed benefits. The tool integrates seamlessly with financial applications, providing proactive notifications and monitoring of benefits calculations to enhance user engagement and compliance with regulatory requirements. By leveraging Open Finance infrastructure, Inbest automates the benefits process, improving financial inclusion and supporting vulnerable households in navigating their entitlements. This application has shown significant impact in identifying unclaimed benefits for individuals and supporting financial institutions in delivering tailored assistance.
Platform
Features
• calculates benefit entitlements
• provides independent money advice
• monitors changes in entitlements
• sends proactive notifications for unclaimed benefits
• offers integration with financial applications
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