Open banking

Follow the latest developments in the open banking movement, as we dive into emerging trends and opportunities brought by this shift. Find out how regulations like PSD2 and new open banking technologies are reshaping the financial industry – as well as consumer expectations – with insights gathered by Tink’s research and leadership teams.

How open banking is a game changer for sustainability
2021-04-01 · 7 min read

How open banking is a game changer for sustainability

Open banking is becoming a crucial tool in the fight to reduce carbon footprint. By plugging open banking tech into digital services, individuals and businesses can track and change their behaviour in a meaningful way. Here’s how.

Tink named a Leader by independent research firm in open banking vendor evaluation
2021-03-18 · 3 min read

Tink named a Leader by independent research firm in open banking vendor evaluation

Forrester has named Tink as a Leader in The Forrester New Wave™: Open Banking Intermediaries, Q1 2021 report, where our clients cited Tink’s ‘outstanding’ and ‘relentless’ focus on the customer – which we believe cements Tink’s position as Europe’s leading open banking platform.

What the EBA putting its foot down on PSD2 API obstacles really means
2021-03-02 · 7 min read

What the EBA putting its foot down on PSD2 API obstacles really means

The latest EBA Opinion calls for the removal of obstacles that obstruct TPP’s access to accounts for open banking services. Here’s our take on the most important bits of the Opinion, and what it means for banks and TPPs alike.

Enel X interview
2021-02-24 · 7 min read

Bringing new energy into financial services: interview with Enel X

We interviewed Matteo Concas, Head of Global Digital Banking Solutions at Enel X. Here’s why one of the largest energy companies in Europe is looking to financial services – and open banking – to bring more value to their customers.

Why the entrant vs incumbent story never added up
2021-01-06 · 6 min read

Why the entrant vs incumbent story never added up

Gone are the days when banks and fintechs battled for the financial services crown, as collaboration proves king. Tink’s Rafa Plantier takes a look at how banks and fintechs have worked out they’re better together.

3 steps to taking advantage of open banking
2020-12-22 · 3 min read

3 steps to taking advantage of open banking

With new possibilities brought on by open banking, banks need to overcome internal challenges to beat the race to deliver the best possible customer experience. Here are three key steps to taking advantage of this opportunity.

TInk closes €85 million investment round extension to fuel growth
2020-12-11 · 4 min read

Tink closes €85 million investment round extension to fuel growth

Co-led by new investor Eurazeo Growth and existing investor Dawn Capital, Tink has announced an €85 million investment round extension, to accelerate its growth plans and expand payment initiation across Europe.

Greenly: Reducing carbon footprint one bank account at a time
2020-12-08 · 7 min read

Greenly: Reducing carbon footprint one bank account at a time

Greenly is the force behind 2.5 million French people measuring their carbon footprint – and improving it. Now with Tink, Greenly is set on taking its app across Europe, and putting banks at the centre of its plans to help shift behaviour.

Are banks aligned internally to take advantage of open banking?
2020-12-02 · 4 min read

Are banks internally aligned on open banking?

A whopping 70% of C-level executives see the opportunities of open banking, while just 45% of product owners agree. Tink’s latest research report dives into the task banks face aligning their organisations to make the most of open banking.

How Avy is simplifying rental payments
2020-12-01 · 4 min read

How Avy is simplifying rental payments

Find out how Swedish startup Avy is upgrading the renting experience for property owners and tenants by putting real people at the centre of real estate – and how Tink is helping improve one of the cornerstones of their product.

Use cases across Europe
2020-11-12 · 3 min read

Discover the leading open banking use cases – per country

When it comes to the top open banking opportunities, not all countries see eye-to-eye. Here are the open banking use cases being prioritised in five different markets – and the differences between them.

Tink and Eurobits become one
2020-11-04 · 2 min read

Tink and Eurobits become one

Tink and Eurobits’ union is official. The acquisition is complete and Eurobits is becoming part of Tink. As a result, Tink’s new and existing customers can benefit from broader connectivity across Europe.

What are open banking APIs, and what are they good for?
2020-10-30 · 2 min read

What are open banking APIs, and what are they good for?

Not sure what open banking APIs are, and getting tired of hearing about them all the time? We’re looking past the technicalities and explaining the term in plain English.

What is open banking, and what is it good for?
2020-10-15 · 4 min read

What is open banking, and what is it good for?

We’re always on about how great open banking is, and how it’s ramping up innovation and competition in the financial services industry. But what is it, exactly? And why does it matter? Here’s a (very simple) rundown.

Lydia and Tink partner for open banking
2020-10-08 · 2 min read

Lydia and Tink partner for open banking

The news is out. We’re teaming up with Lydia as its open banking technology partner across Europe, to streamline the app’s bank connectivity and create new services for millions of  customers.

3 tips for staying ahead of the curve in the open banking shift
2020-10-07 · 3 min read

3 tips for staying ahead of the curve in the open banking shift

To stay ahead of the curve and master the open banking transformation, bankers need to start looking beyond compliance, and be smart about where to invest.

Insights from Michael Anseeuw: a first mover in open banking
2020-09-25 · 5 min read

Insights from Michael Anseeuw: a first mover in open banking

We interviewed Michael Anseeuw, Head of Retail Banking and long-time open banking evangelist at BNP Paribas Fortis. Here’s what he had to share about the challenges of being an early adopter, and his vision for a customer-centric approach.

Enel X picks Tink as its open banking partner
2020-09-24 · 2 min read

Enel X picks Tink as its open banking partner

We’re partnering with Enel X Financial Services to take digital money management to millions of its customers. Through engaging tools and personalised advice, its customers can make smarter financial decisions.

Tink and Openwrks
2020-09-21 · 2 min read

Tink acquires OpenWrks’ aggregation platform

We’re teaming up with OpenWrks, a leading UK provider of open banking applications, in a deal that sees us acquire its aggregation platform – strengthening our connectivity and coverage significantly in a key market for Tink.

5 open banking use cases European bankers are most investing in.
2020-09-16 · 4 min read

5 open banking use cases European bankers are most investing in

Our newly released survey report takes a closer look at open banking use cases, and which opportunities financial executives across Europe are most anticipating. Get to know more about the top five picks.

A year after the PSD2 deadline we explore the progress made and where work still needs to be done.
2020-09-15 · 7 min read

Where are we a year on from PSD2?

From an expanding ecosystem, to improvements in APIs, and increased investment – open banking has come a long way since the PSD2 deadline in 2019. Here’s how we see the progress that’s been made, and where work still needs to be done.

2020-08-25 · 3 min read

How sprovid is helping furloughed tenants get discounts on rent

It all started with a hackathon challenge, and ended with an app that uses open banking to help those financially impacted by the coronavirus. Here’s how sprovid is helping Norwegian tenants on temporary leave get discounts on their rent.

3 ways open banking can boost financial inclusion
2020-08-11 · 7 min read

3 ways open banking can boost financial inclusion

Rafael Plantier, Tink’s UK & Ireland Country Manager looks at how open banking technology can open the digital doors to financial services for many more people, while helping businesses operate more efficiently.

Open banking solutions guide
2020-07-30 · 5 min read

How open banking can improve every step of your customer journey

Find out how you can leverage access to financial data to solve different challenges throughout your customer journey – from the first steps in the onboarding all the way through to a successful sale.

Open banking investment in your country
2020-07-23 · 5 min read

How open banking investment is hotting up — in your country

Tink’s series of local open banking reports lift the lid on the biggest open banking spenders in Europe, looking at who is expecting speedy returns on their investments, where innovation has boomed and whose spend has increased the most.

Tink acquires Instantor
2020-07-16 · 2 min read

Tink acquires Instantor

We’re ecstatic to announce Tink is teaming up with Instantor, a leading European provider of credit decision solutions. Built on open banking technology, Instantor’s products and services strengthen our market position across Europe.

Enabling anyone to scale-up in Europe | Tink blog
2020-07-14 · 4 min read

How open banking tech lets anyone scale-up across Europe

The barriers of operating across borders are coming down. Open banking is allowing any company, big or small, to take the same model and apply it to any country - slashing time-to-market, and creating vast opportunities for everyone.

What's the EBA Opinion on obstacles for PSD2 APIs?
2020-06-25 · 6 min read

PSD2 APIs: what the EBA Opinion on obstacles really means

The EBA has resolved some of the biggest questions in relation to PSD2 APIs, after documenting its opinion on the practices of banks and the obstacles caused. This is Tink’s summary of the most significant implications.

Open banking: from compliance challenge to commercial opportunity
2020-06-16 · 3 min read

Open banking: from compliance challenge to commercial opportunity

The financial services industry is on the verge of a monumental shift towards data-driven solutions. By going beyond compliance businesses can unlock new market opportunities and improve customer experiences at lower costs.

PayPal and Tink partnership
2020-06-03 · 2 min read

PayPal and Tink expand partnership across Europe

PayPal is making a second strategic investment in Tink, and together, their commercial agreement is extending across all countries in the EEA to continue the expansion of open banking technology.

Business aggregation with Tink
2020-06-01 · 4 min read

Get fast and easy access to business account data with Tink

Many companies lack a simple way of fetching real-time business account data. Not anymore. It can now be aggregated on the Tink platform, so you can instantly verify business accounts and their owners, check cash flow and more.

The investments and returns of open banking
2020-05-27 · 3 min read

The open banking investment boom across Europe

Open banking has taken the financial services industry by storm, with executives taking advantage of a new industry paradigm. But how is open banking investment shaping up across the continent? Here’s a spoiler - it’s massive, and growing.

Why European banks are investing in open banking
2020-05-20 · 3 min read

Why European banks are investing in open banking

We ventured once again into the minds of European bankers and found that financial institutions are making significant investments towards their open banking initiatives. But what’s driving them? Or what’s standing in the way?

4 ways to reap the rewards of open banking
2020-05-14 · 7 min read

4 ways to reap the rewards of open banking

It’s time for the industry to catch up with the first movers of open banking, but the end goal is not to meet regulation. It’s about increasing sales and productivity, and reducing risk - to get a return on your open banking investment.

Tink in the DACH region
2020-05-12 · 5 min read

Taking open banking up a notch in the DACH region

Our new Regional Director for DACH has his sights set on making the financial actors in the region the stars of the open banking show - by helping them create the slick digital experiences people are beginning to expect.

Open banking attitudes and fintech partnerships
2020-04-23 · 4 min read

The growing positivity towards open banking in Europe

The first report based on our survey of 290 senior executives and decision makers in the financial industry across Europe is out. Find out what the results reveal about how bankers are tackling the open banking opportunity.

2020-04-14 · 3 min read

Kivra and Tink partner up to provide a more user-friendly way to pay bills and invoices

Find out how Swedish company Kivra is providing a more user-friendly and friction-free payment solution – to simplify things for their customers, and their business.

A person drinking coffee
2020-04-09 · 5 min read

Why open banking relies on trust – and the 4 keys to building it

Open banking is changing the way people interact with their finances, as more providers launch value added services that have a real impact on people’s lives. But to get people to adopt new services – especially when they require sharing personal data – you need a solid foundation of trust. Here’s why trust matters, and the four pillars that are needed to keep it in place.

Tink & Eurobits logo
2020-03-27 · 2 min read

Tink acquires Eurobits

We’re beyond excited to announce that Tink is joining forces with Eurobits Technologies. The acquisition of Eurobits is a big step for us in our continued expansion across Europe, and a complement to our organic growth strategy to enhance our platform, increase connectivity and expand our product offering.

Caixa bank + Tink logos
2020-02-13 · 5 min read

Building a successful bank and fintech partnership: the CGD story

Bank and fintech partnerships are booming as the shift in the financial industry is taking everyone in the same direction. But just like with any other relationship, a happily ever after is not always a given. We’ve previously shared tips from our own experience in building successful partnerships, but we were curious to get the bankers’ perspective. So we reached out to our partners at CGD for their take on it.

Leda Glyptis interview
2019-12-31 · 1 min read

Lessons with Leda: Why bank and fintech partnerships need to go deeper

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.

Tink logo
2019-12-18 · 2 min read

What Tink’s 2019 journey reveals about this year in open banking

At the beginning of 2019, we set our sights on making the most of the opportunity that open banking is offering – a huge industry shift that is bringing about a new generation of financial services to market. Before we wrap up another year, we’re looking back at our own journey in 2019 and how it reflects this industry-wide transformation.

Beatriz Gimenez
2019-12-17 · 7 min read

Why our new Spanish country manager is betting on Tink

Beatriz Gimenez has made a career out of digital disruption, and she’s now joined Tink’s expansion journey – heading up our new Madrid office. We interviewed her to get to know more about her unique experience, the Spanish market, her thoughts on the future of banking – and why she decided to bet on Tink.

Rafael Plantier
2019-12-03 · 6 min read

The ‘big UK opportunity’ – as seen by our new country lead

Rafael Plantier, our new UK & Ireland Country Manager, arrives at Tink with a motto: open banking is good only once people get to enjoy the fruits of their data. To make this a reality, our London-based recruit wants to seize the open banking opportunity — and give innovators in the UK the right tools for building data-driven services.

2019-11-19 · 8 min read

Two months after the final PSD2 deadline: where are we with the APIs?

With the September PDS2 deadline now visible in our rearview mirror, what is the status of the bank APIs in Europe two months later? Well, we still face big challenges as an industry to make sure the technical environments improve. But what we’ve seen is an encouraging shift in terms of collaboration and cooperation with some of Europe’s biggest banks. 

Tink office
2019-10-17 · 7 min read

How we’re helping to make PSD2 successful from the inside out

Since before PSD2 became law, we have been working at a European level to advocate for the changes that are now becoming core to the open banking movement. And it’s because we see a future in which the banking and financial services industry takes a major leap into the future. Here’s the role we’ve played – and why it matters.

2019-09-26 · 5 min read

The opportunity of a century in banking is here

The financial industry has been standing at the precipice of this major shift. Some banks have taken the leap – innovative thinkers and leaders embracing the data revolution and using it to deliver amazing services. For those who’ve waited, now is your time – to take a leap, redefine how consumers manage their money and seize a once-in-a-lifetime opportunity to change banking for the better.

UK Open banking report
2019-09-25 · 3 min read

Tink survey: UK bankers see other incumbents as biggest threat

The results from Tink’s new UK survey report show that British bankers have a split opinion on the open banking movement, and unlike most other bankers across Europe, dealing with the new regulations is not a major concern for them. For respondents in the UK, ‘other incumbent banks’ came up as the single biggest threat brought by the open access to data.

German Open banking report cover
2019-09-19 · 3 min read

Tink survey: German bankers’ unique take on open banking

Tink’s new report finds that financial executives in Germany are more likely to perceive the open banking movement as a threat rather than an opportunity, and indicates that they are not looking to explore new opportunities beyond the scope of PSD2 regulations for now. But they still understand the industry is in transformation (just like the German market), and are looking to partner with fintechs to tackle the journey ahead.

2019-08-21 · 5 min read

Zero PSD2 APIs are compliant with just weeks left before the deadline

In our final analysis of PDS2 APIs, we’ve found that none are compliant with the PSD2 requirements and obligations – the same result we reported from our last evaluation in June. And with less than a month before the final deadline, it is the millions of banking customers across Europe who will suffer the consequences.

Tink employees
2019-08-14 · 8 min read

Behind the scenes: the blood, sweat and laughs shared on our way to the PSD2 deadline

It has felt in recent months as if the entire industry is mobilised to meet next month’s final PSD2 deadline. But forgotten in all the talk of SCA requirements, fallbacks and EBA clarifications is the monumental human effort that is being made deep in the offices of third parties and banks to create and align on an entirely new way of working.

Construction work
2019-08-07 · 12 min read

A one-way path that might kill the customer experience in a post-PSD2 world

Ultimately, everyone involved in this march to September – banks and third parties alike – is in the business of meeting the needs of customers. And yet, they could be forgotten if the majority of banks’ PSD2 APIs continue to offer just one authentication flow – the dreaded web redirect. It’s a method that kills innovation, destroys the customer experience, and could threaten the success of this open banking movement in which we’ve all invested so heavily.

Tink employees
2019-07-17 · 8 min read

Why every European bank needs to provide a safety net for their PSD2 APIs

We raised the alarm bells earlier this month that the banks’ production APIs are far from ready – a reality that could threaten the services that millions of consumers enjoy. If they remain poor, then the success of PSD2 could hinge on a safety net that’s built into the regulation. But with no clarity around what this safety net should look like or how it will be applied, there is a real risk it won’t provide the security it was intended to.

Man on a bike
2019-07-10 · 3 min read

Top 3 tips for bankers embarking on the open banking journey

We’ve seen our fair share of banking partners succeed in their efforts to build digital services that customers love, partner with fintechs to get the right tech, and becoming data-driven organisations. Taking all of those lessons, we’ve distilled them down into the three things you can do as a banker that will best equip you for the journey ahead.

Barcelona beach
2019-07-04 · 5 min read

Could the poor readiness of bank APIs put the success of PSD2 in jeopardy?

A Tink analysis finds that none of the tested bank APIs released by the penultimate 14th June deadline meet the quality requirements laid out by PSD2 regulators – potentially creating a “cliff edge” scenario in September that compromises the financial services for millions of consumers.

A person working at his computer
2019-07-03 · 2 min read

The Tink buyer’s guide to ‘open banking platforms’

The open banking movement is picking up steam – and we’re seeing an uptick in companies launching “open banking platforms”. But without defining what this really means, it’s impossible to make a like-for-like comparison. So we’re stripping away the term – and giving you a checklist with the criteria that really matters when evaluating a tech partner.

2019-06-19 · 6 min read

4 key takeaways from Europe’s biggest financial event Money20/20

Over three days in early June, the best and brightest decision makers in the industry met at Money20/20 to discuss the biggest transformation in decades. We had substantive conversations about the future of open banking in the pink booth – and took the stage to share our vision.

2019-06-18 · 6 min read

The open banking battles banks are fighting on every front

This is the final piece in a three-part series: Inside the minds of Europe’s bankers. We conducted an open banking survey, querying nearly 270 European financial executives on how they see the movement, the regulations and the future. This is the last of the three major conclusions we’ve made after analysing the data.

2019-06-14 · 16 min read

The sobering September preview: banks’ PSD2 APIs far from ready

Today is the deadline for all banks to have their production APIs ready, and the first day for all third parties to officially start integrating with them. But having spent the last three months rigorously testing more than 100 bank APIs in their sandbox environments, we can conclude this: the APIs available up to now are far from ready, lacking the quality and maturity they need – offering a sobering preview of the condition of the production APIs due out today.

Survey report
2019-06-11 · 5 min read

What’s behind one of the biggest attitude shifts in banking history?

This is the second piece in a three-part series: Inside the minds of Europe’s bankers. We conducted an open banking survey, querying nearly 270 European financial executives on how they see the movement, the regulations and the future. This is the second of the three major conclusions we’ve made after analysing the data.

2019-06-03 · 5 min read

Why executives say regulation is the biggest threat to banking

This is the first piece in a three-part series: Inside the minds of Europe’s bankers. We conducted a survey on the subject of open banking, querying nearly 270 European financial executives on how they see the movement, the regulations and the future. This is the first of the three major conclusions we’ve made after analysing the data.

2019-05-31 · 7 min read

Tink Thinks: EBA says banks need to increase the quality of their PDS2 APIs

This is the second piece in our ongoing series called Tink Thinks: Inside the EBA, where we explain and comment on the business of the European Banking Authority’s (EBA) PSD2 API Working group, which is helping to ease the implementation process ahead of the September deadline.

By Tomas Prochazka and Ralf Ohlhausen

Christian Clausen
2019-04-23 · 4 min read

Christian Clausen: advice from a veteran banker

Meet Tink’s new senior adviser and investor: Christian Clausen. He’s a veteran of the old guard of banking – a former CEO of Nordea and chairman of the European Banking Federation. He’s sharing his expertise and unique insight gained from years working with Europe’s biggest banks. And we’ve joined forces to help bankers seize the immense opportunity up for grabs as the industry shifts – and open the digital doors to their customers.

A person working
2019-04-02 · 2 min read

Why 2019 is the year of open banking

Now that banks can start to look beyond the huge task of being regulation ready, everyone’s attention is turning to what’s next. Which is how to get the most out of the open banking opportunity. But if banks want to stay ahead of the emerging competition, the time to act is now.

Office, bag
2019-03-21 · 5 min read

What a missed PSD2 deadline says about the challenge of implementation

One of the two biggest PSD2 deadlines just whizzed by on 14 March without much fanfare – and more importantly – without the compliance of 41% of the European banks we surveyed in 10 markets. Many will point fingers at those who failed to comply. But what it really highlights is that despite deep pockets and plenty of resources, the demands that PSD2 places on banks are monumental.

2019-03-19 · 4 min read

Tink Thinks: EBA's clarifications on PSD2 APIs – and what they mean

This is the first piece in our ongoing series called Tink Thinks, where we explain and comment on the business of the European Banking Authority’s (EBA) PSD2 API working group, which is helping to ease the implementation process ahead of the September deadline.

2019-02-08 · 3 min read

A potential PSD3 template from Down Under

Australia is known for many things, including its natural wonders, and (potentially daunting) wildlife. In the fintech world, it will also soon be known for its own version of open banking. One that is inspired by Europe, but with an Aussie twist.

Galina Andreeva interview
2019-01-31 · 2 min read

Banking is getting personal – or at least it should be

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 interview
2019-01-14 · 2 min read

Open banking lessons: 3 choices to make and how to partner the right way

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.

Tink’s meteoric 2018 growth – graph
2018-12-21 · 5 min read

Tink’s meteoric 2018 growth – and why it matters

A year of sprinting and scaling has put 2018 in the books as Tink’s best year yet. We’re sharing our journey – proud of what we’ve achieved in three major areas, and excited for even bigger growth in 2019.

Interview thumbnail
2018-11-07 · 1 min read

Open banking offers opportunities for everyone

We sat down with payments and PSD2 expert from the Bank of Ireland, Julie Connor, to discuss the opportunities of open banking and the strengths of standardisation.

2018-10-31 · 5 min read

The world is watching

The financial services industry in Europe is at a crossroad. Regulators have decided to open the floodgates to competition by introducing the concept of open banking. Although Europe is progressive when it comes to regulations, implementation can be complex. Now the world is watching to see how new regulations affect the financial industry in Europe.

2018-10-08 · 1 min read

The future is access to all data

Much like Tink, the trustee for the UK’s Open Banking Implementation Entity (OBIE) has big visions for the future of data-driven banking. He says it’s only a matter of time until the full scope of customer data is available for fintechs to use to build innovative new products.

2018-06-14 · 4 min read

The big lessons from Money20/20

Tink conversed, connected and listened at this year’s Amsterdam conference. And here’s what we learned about the major leaps the banking industry is taking in this era of open banking.

Illustration of a man
2018-02-02 · 5 min read

The top three myths associated with PSD2

With the introduction of PSD2 (the second Payment Services Directive), we are now entering a new era of open banking. At the customer’s request, EU member states will be forced to open up their customer data and payments infrastructure to third-party providers.

Phone screen
2018-01-22 · 7 min read

Technology – not legislation – is leading the open banking revolution

Until now, banks have occupied a privileged space. They have operated in a market that has handed them a monopoly over their customers’ data and discouraged competition and innovation. This is about to change as we are entering the era of open banking.

Hand illustrated
2017-12-13 · 5 min read

Say 'goodbye' to the service formerly known as banking

Anyone who thinks that a mobile banking app is simply a place where people interact with their own bank should think again. Banking is becoming a concierge service, providing consumers with an overview of all their finances, regardless of who they ‘bank’ with in the traditional sense.

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