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
Paying bills and invoices has typically been a cumbersome process – but thankfully, open banking can make it a lot quicker and easier by allowing customers to pay directly from their bank account. Here’s how that works.
Tom Pope, head of payments and platforms at Tink, lifts the lid on where open banking payments scale is coming from – and whether the world is ready.
No more manual and inefficient onboarding processes: with Business Account Check, your customers can verify a business bank account with just a few clicks – for a better onboarding and a safer payout setup.
Tom Pope, head of payments and platforms at Tink, explains where open banking payments are gaining the most traction – and why the big opportunities are emerging now.
Explore the different ways to leverage open banking technology in payments – beyond A2A and PIS. Enable seamless onboarding with instant account verification, and reduce fraud and nonpayments with real-time balance check.
Find out how PostNord Strålfors – the largest distributor of invoices in the Nordics – is transforming how invoices are paid. (Spoiler alert: it has to do with their new partnership with Tink.)
While we can never really know for sure what the new year will bring – it’s still quite fun to guess. (Then look back to see what you got right and where you were way off.) Here’s what Tink CEO Daniel Kjellén predicts for 2022.
What is the SEPA Request-to-Pay scheme? What does it mean for banks, merchants and consumers – and for the future of payments in Europe? Is there anything that might be holding it back? We provide answers – and our own take on it.
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.
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.
We’re teaming up with Tribe for open banking technology, enabling Tribe to combine issuer and acquirer services with Tink’s open banking payments – so Tribe’s customers can access both traditional and more innovative payment solutions.
Variable Recurring Payments is a hot topic in open banking, and many believe it could change the face of consumer payments as we know them. Here’s an overview of how it works – and why it’s such a powerful contender in the payments space.
SCA stands for Strong Customer Authentication, and it’s a regulatory requirement introduced in connection to PSD2. Here’s a basic summary of what a ‘strong’ authentication process can look like – and why it’s important.
When charging or paying out customers, businesses rely on them to provide their account details. But people can make mistakes – or try to commit fraud. Thankfully, account verification can save everyone a lot of grief.
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.
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.
Get to know Tink’s new product, Account Check. Here’s how it can speed up and simplify the account verification process, providing an easier onboarding and setup for direct debit and payouts.
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.
Not sure what payment initiation is, what it looks like, or why you should care? We’re breaking it down into simple terms. Here’s how it works, and what advantages it brings to consumers and businesses alike.
Sopra Banking Software and Tink have joined forces to bring open banking solutions – account aggregation, data enrichment, payment initiation, and personal finance management technology – to a platform serving 1,500 financial institutions worldwide.
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.
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.