From blue-chip banks to fintech unicorns, our customers are using Tink services to better respond to this era of open banking – in which the power is shifting from banks to consumers, and giving consumers the power to choose.
In an interview with Fintech Insider at Money20/20 in June, our CEO Daniel Kjellén said the customers that are embracing this power shift the most are the ones who have a lot to gain from that movement.
“We have an online broker in the Nordics called Nordnet that is aggregating investment accounts from elsewhere,” he said. “And next to that aggregated account is a “transfer” button saying ‘transfer those funds’. That’s been available for some time, but it’s been so cumbersome – involving so many details and account numbers – and now it’s just a button.”
Watch the full interview above.
Tink’s latest UK survey shows that nearly 9 in 10 consumers (88%) are prepared to abandon a transaction if faced with friction when making a payment online, highlighting the need to ramp up payments innovation and focus on user experience
In today’s digital world, it’s all about data – and the seamless user experiences it can power. Learn about the importance of real-time data, optimal UX, and more in this guide to building vs buying.
Open banking can help make better informed risk decisions – but access to data is just a part of the puzzle. Find out why quality account aggregation and data enrichment are the foundations of a standout risk assessment process.
Contact our team to learn more about what we can help you build – or create an account to get started right away.