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Tink and Chip Announce Open Banking Partnership
Tink and Chip have announced a new partnership to bring open banking functionality to the Chip app. The Tink Chip partnership will give users improved financial visibility and automated savings through secure account connectivity and data insights.
Tink is working with Chip to provide seamless and secure open banking-powered money transfers for users topping up their account. With the this partnership, customers gain access to real-time account insights, enhancing how they manage, track, and grow their savings.
Alex Latham, Chip Co-Founder, said: “It’s brilliant to partner with Tink, whose open banking solutions provide a fast and secure option for our users adding money to their savings on the Chip app.
“We’re looking forward to working with the Tink team to promote these payment options, with a few more exciting updates coming soon.”
Tink’s Head of Payments, Ian Morrin, added: “Chip have been on a tremendous growth journey in recent years, and we’re delighted to become part of their success story by bringing more payment options to their user base.” The Tink Chip partnership highlights how open banking APIs are powering smarter savings tools and reshaping the personal finance ecosystem.
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Redbridge: Visa’s Commercial Enhanced Data Program (CEDP) – What Merchants Are Really Facing
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TSAM London: FE fundinfo on Mastering Data and Unifying Operations in Asset Management
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Reap and TerraPay Partner to Expand Local Payout Corridors Globally
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Digital Assets Clearing Center Secures US$10 Million Funding for International Market Infrastructure
Digital Asset Clearing Center (DACC.HK), a next-generation financial market infrastructure for the tokenized economy, today announced US$10 million in funding from strategic partners including Conflux, Transaction Technologies Limited (“TTL”) and Global InfoTech. Traditional bank transfers continue to dominate the US$214 trillion cross-border payments market, but tokenized finance offers an alternative to slow settlement cycles, high transaction costs, fragmented data systems and regulatory barriers. Digital Asset Clearing Service offers seamless connections to the world's leading payment systems including Cross-Border Interbank Payment System (CIPS), blockchain networks and compliance infrastructure delivering end-to-end Clearing-as-a-Service (CaaS) for financial institutions.