TSB has named Serene, AVIEL Intelligence and Tunic Pay as winners of its 2025 Innovation Labs programme, with all three FinTechs now set to work with the bank as suppliers within its fraud prevention efforts. 

The programme, delivered with FinTech Scotland, focused on finding practical tools to tackle a rising fraud problem after UK Finance data showed criminals stole more than £620 million in the first half of 2025. 

Serene will pilot predictive behavioural intelligence to spot and protect vulnerable customers earlier, AVIEL Intelligence will apply AI-augmented intelligence gathering to detect emerging fraud patterns and mule accounts, and Tunic Pay will help TSB pause and assess suspicious transactions without slowing legitimate ones.