Tink blog

Is open banking a threat to the accounting industry? We don’t see it that way. In fact, we think accounting software providers have a lot to gain by leveraging new open banking capabilities. We take a look at some of the key benefits.

Find out how Swedish startup Gimi is teaching kids about basic personal finance concepts while empowering them to better handle their finances – and how open banking comes into the mix as a fundamental piece of the puzzle.

To expose, or consume open banking APIs? That is the question. Discover the four paths financial institutions can take when it comes to their open banking strategy, and our view on what is currently the best route to explore.

Open banking isn’t just changing the game for financial services. Find out how different industries, from retail to telcos, can take advantage of the free flow of financial information to improve customer experiences – and business results.

Find out how eCollect is simplifying and digitising invoice payments – and how their new partnership with Tink will help ensure hassle-free cash management for their customers and a seamless experience for end users.

How do you improve a classification model to sort out what’s an income and what isn’t? Tinker Ida Janér reveals how data scientists in the Risk team embraced confusion and took in regional differences to optimise performance.

We’re partnering with global financial automation and payments company Serrala to simplify the billing process and reduce transaction fees for billers while improving the payment experience for millions of consumers across Europe.

Financial executives in Europe see open banking as a revolution, and are embracing it more than ever. But many expect it will take several years to get there. While transformation takes time – there could be a way to accelerate it.

Lemonway, a French payments service provider, launched their Pay By Bank with Tink, a new service that allows their merchants to offer users an easy, secure, and convenient digital payment method.

The way our enhanced credit scoring solution works is quite simple: Tink gives you access to real-time financial data, as well as insights into spending behaviours so you can feed your credit scoring models. This results in a quick, reliable credit or risk assessment – so customers can get a better experience, and businesses can minimise risks.

Customers’ first steps inside your service are critical. Asking them to fill in lengthy online applications in order to get started can lead many of them to abandon your offering – and perhaps go explore a competitor’s. Tink’s autofill solves this by fetching the information straight from the customers’ bank accounts and automatically filling it in, making for a more seamless experience – and higher conversion rates.

Financial institutions across Europe are under pressure to deliver increasingly sophisticated services that simplify how people manage their money. Actionable insights can help make this a reality by enabling you to give customers a truly personal experience, which drives engagement, increases trust and boosts sales - all while helping people be smarter with their money. This is how it works.

Leda Glyptis is a leading voice in banking from both the startup and the incumbent side. Way back at Money2020 in Amsterdam, we sat down with her to talk about this opportunity that is open banking and the big opportunities that it presents.

When it comes to open banking, behavioural finance expert Galina Andreeva is a staunch supporter. But she cautions that the opportunities it presents come with their own risks – and to offer the best service, banks need to understand their customers better than ever before.

Leda Glyptis can empathise with the banks. She’s a recovering banker herself. At a time when the incumbents are choosing to embrace this era of open banking – albeit slowly – the chief of staff at challenger consultancy 11:FS lays out the three choices they can make in order to make money and move their business forward.