TINK

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.