Tink
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European PSD2 Open Banking.
Definition
Tink provides accountAggregation, paymentInitiation, categorization, riskScoring. Compliant with NextGenPSD2/BG (Berlin Group), Polish API, OpenBanking UK Standard. Used by BNP Paribas, Nordea, ING for PFM (Personal Finance Management) and SME lending.
Origin
Founded 2012 in Stockholm ; Visa acquisition 2022 for EUR 1.8 billion.
Example in context
An ING bank uses Tink to allow its customers to see their Société Générale accounts in its app.
Related terms
- PSD2 — legal framework.