Commercialising open finance – a VCA report

1 min read|Published July 22, 2024
VCA/Tink open finance report

From increased customer engagement to enhanced credit risk decisioning, discover how open banking is revolutionising financial services in a new white paper from Visa Consulting & Analytics.

Open banking has yielded widespread adoption, but the opportunity goes beyond this:

  • Premium APIs are facilitating a widespread shift from open banking to open data economies.

  • Financial products previously limited to just bank-owned channels can be integrated into third-parties.

So, what does this mean for banks? They can tap into this space and unlock significant value and commercialisation opportunities.

Find out how in this VCA white paper, which Tink contributed to.

Click here to view an infographic showcasing some of the findings, and access the full white paper at this link.

More in Open banking

This image depicts a person's hand holding a phone which displays a confirmation screen saying 'Payment successful'.

2025-06-02

3 min read

Tink joins Visa A2A – what it means for Pay by Bank and VRP

Visa A2A brings an enhanced framework to Pay by Bank and variable recurring payments (VRP) in the UK, and Tink is excited to be one of the first members of this new solution.

Read more

EU Digital Identity Wallet

2024-11-19

12 min read

From authentication to authorisation: Navigating the changes with eIDAS 2.0

Discover how the eIDAS 2.0 regulation is set to transform digital identity and payment processes across the EU, promising seamless authentication, enhanced security, and a future where forgotten passwords and cumbersome paperwork are a thing of the past.

Read more

Loan application with Tink

2024-10-08

6 min read

Lending essentials: how enriched data solutions help lenders tackle constraints

Enhancing your affordability assessment with Tink’s data-enriched solutions helps you put an end to inaccurate data, prevent fraud in loan origination and stay compliant – read on to explore the benefits.

Read more

Get started with Tink

Contact our team to learn more about what we can help you build – or create an account to get started right away.

Rocket