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Tink and Tribe partner for Open Banking

Wednesday 5 May 2021 11:14 CET | News

Open Banking platform Tink and payments technology provider Tribe have entered a channel partnership for Open Banking technology. 

The partnership will enable Tribe to combine its issuer and acquirer services, with payment initiation services (PIS) and account information services (AIS) powered by Tink.

Through Tribe’s technology platform, its UK customers now have access to traditional payment methods alongside open banking payments – with AIS services to follow. Through its issuer and acquirer processing platform, ISAAC, Tribe uses the latest technology to enable banks, fintechs and acquirers to choose the payments modules that suit them.

This new partnership follows Tink’s EUR 85 million investment round at the end of 2020, to fuel the open banking platform’s expansion of payments services across Europe. 

 


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Keywords: Tink , Tribe Payments, Open Banking, payment initiation
Categories: Banking & Fintech
Companies:
Countries: Europe
This article is part of category

Banking & Fintech