tink

Optimising Payments – Open Banking

In this clip, Stephan van Calker from Tink discusses the functionalities of Account Information Services. This provides tools, mechanisms, and enriched data to help merchants understand and utilise raw data effectively. He highlights how the service packages products to detect income streams, which can inform the optimal timing for charging direct debits or collecting payments. This is particularly relevant in managing financial commitments during a cost of living crisis, aiming to reduce financial stress for individuals. See the full interview… Read more

Open Banking Developments – Updating Payments

In this clip, Stephan van Calker from Tink discusses the decline in consumer trust, linking it to challenges faced by customer support centers in efficiently assisting with bill payments. Recent research highlights the impact of the cost of living crisis on this trust. They suggest that Open Banking could improve customer experiences by offering more control over bill payments, noting that 51% of customers want better management of their payments, and 70% would switch providers for more flexible payment dates.… Read more

Open Banking Developments – Updating Payments

Stefan van Calker from Tink discusses the latest developments in open banking and its increasing integration across various sectors.He highlights the evolving landscape of open banking payments, their growing adoption, and the integral role of data integration in enhancing financial management. Emphasizing the benefits of inclusive payment methods, the strategic importance of preventing fraud, and the need for the UK to maintain its lead by adapting to European regulatory changes such as PSD3. The conversation also covered future developments in… Read more

Removing Process Friction

In this clip, Stephan van Calker from Tink discusses how OpenBanking is helping to remove process friction for customer, and in turn, take out costs for companies. Variable recurring payments is a great new feature due to arrive, which will really help customers, and with backend account reconciliation too. See the full interview and find out more about Tink -> Here.

Growth of Open Banking

In this clip, Stephan van Calker from Tink discusses the dramatic growth we have seen recently, and what does really this mean. It is ‘relatively’ easy to launch a service, but experience and knowledge of what to do with the data is really critical too. See the full interview and find out more about Tink -> Here.

Open Banking Use Cases

In this clip, Stephan van Calker from Tink discusses some of the latest use cases he has been seeing in OpenBanking. Undoubtedly the technology is evolving and in such a dynamic space this data is launching new ways for customers to interact with businesses all the time. See the full interview and find out more about Tink -Here.… Read more