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

3 min read|Published March 18, 2021
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Forrester is one of the most respected and well-known research firms in the industry, so we’re thrilled Tink has been pegged as a Leader in its inaugural report, The Forrester New Wave™: Open Banking Intermediaries, Q1 2021. Tink was cited by its customer references for an ‘outstanding’ and ‘relentless’ focus on the customer, and was noted in the report for boasting strong European coverage – which we believe cements Tink’s position as Europe’s leading open banking platform.

TL;DR – Quick summary
  • Independent report ranking open banking vendors names Tink as a Leader.

  • The report compares open banking platforms by their ability to aggregate data, initiate payments and provide value-added services.

  • Tink cited by clients for ‘outstanding’ and ‘relentless’ focus on the customer.

  • We believe the report cements Tink’s position as Europe’s leading open banking platform.

TL;DR – Quick summary
  • Independent report ranking open banking vendors names Tink as a Leader.

  • The report compares open banking platforms by their ability to aggregate data, initiate payments and provide value-added services.

  • Tink cited by clients for ‘outstanding’ and ‘relentless’ focus on the customer.

  • We believe the report cements Tink’s position as Europe’s leading open banking platform.

Forrester’s open banking report is its first assessment of open banking Intermediaries – an evaluation of vendors on their ability to aggregate data, initiate payments and provide value-added services. So we’re really proud and believe that our dedication to helping customers build the next generation of financial services, has led to Forrester positioning Tink as a Leader in open banking.

Following an independent evaluation and customer references, Forrester has ranked nine open banking intermediaries against a set of detailed criteria – recognising Tink for its customer focus and strong European coverage, in these snippets from the findings:

High customer satisfaction

‘Tink has highly satisfied users who talk of “relentless” and “outstanding” customer focus. A track record of deployments, integration flexibility, and powerful data categorisation win praise.’

Fit for enterprise

‘Tink will continue to do well with large enterprises, particularly in Europe. Tink’s strength currently lies in Europe, with good coverage of PSD2 API standards and deployments in 18 countries.’

Loved by developers

‘Services sit behind Tink’s single API, which aids swift deployment. Value-added services focus on customer or business financial management, with B2B2C white-label solutions — and developers will love the well-documented API and rich developer portal.’’

Today, Tink serves more than 300 enterprise customers, initiating more than one million payments each month, and processing more than one billion account information requests during 2020. Through a single API, Tink connects to more than 3,400 banks, reaching over 250 million bank customers across 18 European countries.

In the near future, we are committed to expanding the breadth and depth of our already considerable network of banks, accelerating the rollout of our account-to-account payments solutions, while always striving to deliver exceptional value to our fast-growing customer base.

To be named a Leader by Forrester is an amazing milestone, which to us, validates the faith our customers have in Tink, and provides confidence for future prospects looking to work with a tried and trusted partner. The open banking movement is just getting underway, and we look forward to not only living up to, but continuing to surpass the expectations of our customers in the years to come.

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