Paramount Commerce selects Flinks' Open Banking API

Wednesday 30 March 2022 13:35 CET | News

Canada-based payments provider Paramount Commerce has partnered with Flinks to support payments for Canadian merchants in the iGaming industry.

The strategic partnership precedes the launch of Ontario's regulated iGaming market, with the offer ready for operators entering the market. The solution combines bank connectivity and data through Flinks' platform to support Paramount Commerce's payment processing and risk management.

The launch comes at a critical time for their sports betting merchants, as regulation triggers a turning point in Canada's iGaming industry. This marks another step in their continuing effort to support merchants as they expand into new geographies.

Paramount Commerce is a global payments technology company providing ways to accept bank account-based payments. As a solution in both iGaming and sports betting, its technology is used by millions of consumers and has processed over USD 50 billion in volume.

Flinks is a financial data layer that supports the internet. It enables businesses to connect to their customers' financial accounts, enrich this data, and utilise it to deliver augmented digital products. Serving players in lending, fintech, digital banking, asset management, and insurance, the company consolidates in financial data connectivity and analytics.

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Keywords: partnership, Open Banking, API, data analytics, risk management, merchant
Categories: Payments & Commerce
Countries: Canada
This article is part of category

Payments & Commerce

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