back Back

PostNord Strålfors and Tink enter open banking payments partnership

By Joy Dumasia

March 16, 2022

  • API
  • API Banking
  • Bill Payments
Share

PostNord Strålfors, the market-leading player in Customer Communication Management and the largest distributor of invoices in the Nordic region, has chosen Tink, Europe’s leading open banking platform, as its open banking payments technology provider. 

PostNord Strålfors is part of PostNord Group, a leading provider of parcel and logistics services to, from, and within the Nordic region. Tink’s payment initiation technology will allow PostNord Strålfors to add cutting edge open banking powered payments to its Nordic omnichannel offering.  

With the new partnership, Strålfors and Tink will transform how invoices are paid and handled in the Nordics. The aim is to create a superior user experience by streamlining the payments process for consumers, reducing the time and effort it takes for people to stay on top of their finances. At the same time, it also ensures simplicity and cost efficiency for the company or invoice sender receiving the payment.  

Mattias Norén, Head of Strategy and Business Development at PostNord Strålfors, said: “We are very pleased with the new partnership with Tink, the leading player in open banking and A2A payments. Today, we handle hundreds of million invoices annually for our customers in the Nordic region. With open banking (PSD2), we see it as a natural development of our offer to now also be able to offer our customers simple, compliant and user-friendly payment solutions integrated in our already existing channels.” 

Tom Pope, Head of Payments and Platforms at Tink, added: “We are proud to be partnering with one of the market leaders in the Nordics to deliver a payments service that will be a touchpoint for millions of people and transform the way everyday bills and invoices are paid. We are at a tipping point for the mass adoption of open banking payments across Europe, and partnerships like this one with PostNord Strålfors is further proof of that fact.”

IBS Intelligence reported that Tink and subscription technology platform Youtility had entered a strategic partnership to provide UK retail banks with embedded subscription and money management tools. 

Previous Article

March 16, 2022

Verto announces expansion of currencies offering for instant cross-border payments worldwide

Read More
Next Article

March 16, 2022

Rebellion Pay selects Sentinels to strengthen its AML compliance

Read More










IBSi Daily News Analysis

January 27, 2023

API

Embedded finance, Web3 to trigger FinTech investment in 2023 amid looming recession

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

January 27, 2023

7 FinTech tweets you should see!

Read More

January 27, 2023

Klarna provides overview of spending in 2022 with ‘Money Story’

Read More

January 27, 2023

Temenos boosts platform capabilities to accelerate Banking-as-a-Service

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q4 2022

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q4 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q4 2022

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q4 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022