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Open Banking

Department for Science, Innovation & Technology

This public procurement record has 1 release in its history.

Award

22 Sep 2026 at 15:04

Award Notice
Summary of the contracting process

The procurement covered open banking services for GOV.UK One Login, supporting identity verification, identity validation and fraud risk assessment. It was bought by the Department for Science, Innovation and Technology (DSIT) as a digital and financial services requirement. Delivery was intended to support users and transactions across the United Kingdom, the Channel Islands, the Isle of Man, Europe, British Overseas Territories and the rest of the world. The work falls within financial and insurance services, with a focus on using open banking capability to help establish identity and assess fraud risk within a government digital service. It was classified as a services requirement and was identified as suitable for small and medium-sized enterprises.

This procurement has been awarded and is complete. DSIT ran a further competition as a call-off from the Crown Commercial Service Open Banking dynamic purchasing system RM6301, using a selective procurement route. The submission deadline was 27 May 2025 at 12:00 BST. Ecospend Technologies Limited was awarded the contract on 25 August 2026 for GBP 4,700,000. The contract period runs from 25 August 2026 to 28 February 2029. The award was active when recorded. The requirement was evaluated through the further-competition process under the dynamic purchasing system; the published information identifies the selected supplier and award value but does not set out separate evaluation weightings.

This award demonstrates demand from DSIT for a mature open banking capability that can support government-grade identity verification, identity validation and fraud risk assessment within GOV.UK One Login. Suppliers considering comparable future work would need to provide reliable financial-data connectivity, dependable identity-related services and effective fraud-risk assessment, while operating across the United Kingdom and a broad international user base. Credibility would also depend on showing that these services can integrate into a high-profile public digital platform and perform consistently at substantial scale. The procurement route is significant: capability that meets the Crown Commercial Service Open Banking dynamic purchasing system requirements, and the ability to compete through its call-off process, would be relevant to suppliers targeting this buyer’s requirement.

How relevant is this notice?

Notice Information

Notice Title

Open Banking

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a further competition under the Crown Commercial Services Open Banking DPS RM6301 GDS has procured Open Banking services to support identity verification, identity validation and fraud risk assessment for GOV.UK One Login.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e2b5af41-5dbf-49b9-8cfa-9c624308cdec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a7d36d89-8d8f-4ce3-bea0-8b960e01270e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£4,700,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,700,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Sep 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Aug 20261 months ago
Contract Period
25 Aug 2026 - 28 Feb 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Department for Science, Innovation & Technology
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2EG
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Ecospend Technologies Limited

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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