Redefining vulnerability support
Local authorities can no longer rely on outdated assumptions when assessing financial hardship. Traditional indicators — like postcode, benefit status, or historical income — offer only a partial view. They miss the day-to-day realities and nuances of financial strain.
What’s missing is a real-time understanding of residents’ financial lives. That’s where Open Banking makes the difference.
By using permissioned access to real-time transaction data, local authorities can make faster, fairer decisions based on how people are managing their money today, not months ago. The result? More accurate assessments, earlier interventions, and smarter allocation of limited resources.
In this article, we’ll explore the key challenges local authorities face when assessing vulnerability, and how Open Banking data helps close those gaps, while supporting wider digital transformation goals.
Despite the growing demand for support services, many local authorities still rely on fragmented or outdated data to assess financial hardship. That’s not through lack of effort—it’s down to the limitations of the information available.
Affordability assessments often rely on static or proxy indicators, such as postcode, council tax band, or benefit status. But these only offer a snapshot in time and often an incomplete one. This means a support model is built on assumptions which don’t always reflect the lived reality of financial strain.
Some of the most common issues include:
The result? Residents fall through the cracks, budgets are stretched thin, and councils risk missing opportunities to intervene earlier.
Similarly, councils are under growing pressure to modernise services, reduce paperwork, and digitise processes. Open Banking also helps here—replacing manual income checks with secure digital consent and reducing the time and administrative burden for staff.
To support those who need it most, local authorities require a faster and more accurate way to assess affordability, which starts with better data.
Open Banking for Local Authorities provides a way to assess financial circumstances using live, permissioned data, rather than relying on historic proxies or self-declared forms.
Instead of relying solely on static or self-reported data, councils can use Open Banking to gain insight into the full financial picture. This includes income, spending, debt repayments, and key cost-of-living pressures—all surfaced through a secure and FCA-regulated process and without adding friction to the support process.
It also reduces fraud risk by eliminating the need for self-reported bank statements and removing the chance for document tampering or errors that can delay decisions or lead to poor outcomes.
Here’s how Open Banking supports local authorities:
Benefit
How Open Banking helps
Real-time financial insight
View real-time income and spending patterns, not estimated data
Early identification of risk
Identify early warning signs such as missed bills, increased overdraft use, or reliance on short-term credit
Fairer decision-making
Make consistent, evidence-based decisions based on real affordability.
Support for complex cases
Understand irregular income and gig work patterns that traditional metrics often overlook.
Reduced burden on residents
Residents securely grant access through a mobile-friendly link. No scanning or uploading required. It’s faster, easier, and more accessible for those already under financial or emotional strain.
Real-World Impact: How smarter targeting delivers better results
With a real-time view of income and spending, local authorities can move from reactive to proactive support. Instead of waiting for residents to reach crisis point, or relying on outdated indicators, councils can identify need earlier, prioritise with confidence, and use their budgets more effectively.
Here are three practical ways Open Banking data is already supporting local government teams:
“PayPoint’s Customer Support Tool has enabled our advisors to achieve an almost instant, real-time view of people’s financial circumstances, removing barriers to people engaging with debt advice and creating momentum for the people we help to start feeling the benefit.” – Charlotte Blizzard-Welch, CEO at Citizens Advice Stevenage
In fact, some organisations have already reduced financial assessment times from 3 weeks to just 3 minutes, cutting admin while speeding up access to support.
As more councils embed Open Banking into their processes, the potential to improve outcomes, and reduce pressure on frontline teams, only grows.
Data That Works — Without Disruption to Local Authority Operations
Bringing in a new data source shouldn’t mean overhauling your systems or asking already stretched teams to do more.
Our Open Banking insights enable councils to assess both proof of affordability and proof of poverty in real-time, which is vital for allocating hardship funds, validating discretionary applications, or prioritising support services.
And it goes beyond just adding data. We fill the gaps that traditional CRA sources can’t, especially for residents with thin credit files, irregular incomes, or non-traditional employment. That includes gig workers, carers, and those who may otherwise go unnoticed in standard assessments.
Here’s what sets us apart:
Whether you’re running a pilot or looking to embed Open Banking across your affordability strategy, we’ll help you do it.
Better data, better decisions, better support
When data works, everything else does too. Faster assessments. Fairer support. Smarter use of resources.Open Banking enables it. PayPoint delivers it.
If your council is ready to strengthen affordability and vulnerability assessments, we’ll help you move quickly and see measurable impact from day one.