Payments

Ayden partners with Tink to offer open banking payments

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October 19, 2022

Ayden, a financial technology platform provider, has partnered with Tink, an open banking platform provider, to offer open banking payments. Ayden will integrate Tink's payment initiation technology to enable account-to-account payments, according to a press release.

Tink allows Ayden's customers to verify account ownership with real-time data, which in turn automates payout setup and reduces errors and overhead.

"With our open banking solution, shoppers can pay directly from their own trusted banking environment without leaving the checkout journey," Edgar Verschuur, head of global acquiring at Ayden, said in the release. "Our aim is to always innovate to meet consumer needs by providing a breadth of convenient, fast and secure payment options. Partnering with Tink for open banking is the latest way we have evolved our technology to deliver on this goal."