Tink, American Express partner for Open Banking services Tuesday 11 May 2021 10:42 CET | News
Tink and American Express have entered an European Open Banking partnership to improve the onboarding process for new card members, according to the official press release.
Integrating Open Banking technology into the American Express application and risk analysis process will allow prospective card members to connect to their bank accounts and instantly verify their identity, income, and account information with American Express. This eliminates the need for customers to manually enter their details or send additional documentation to American Express, saving time and improving the customer experience.
The partnership will see Tink’s Open Banking services used by American Express in France, Germany, Spain, Sweden, the Netherlands, Norway, Finland, and Belgium.
The
S&P/ASX 200 Index (ASX: XJO) came back from the Easter break with a bang last week. Over the four days, the benchmark index rose 2.4% to 6,995.2 points.
While a good number of shares climbed higher with the market, some performed better than others. Here’s why these were the best performing ASX 200 shares last week:
The Silver Lake share price was the best performer on the ASX 200 last week with a gain of 18.2%. A number of gold miner’s raced higher last week after the price of the precious metal climbed to a one-month high. The easing of bond yields was supportive of the gold price over the week.
Kildare payments company Sentenial bought for €110 million leinsterleader.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leinsterleader.ie Daily Mail and Mail on Sunday newspapers.
EML Acquires Sentenial Group & Enters The Open Banking Market In Europe
Sentenial Limited and its wholly-owned subsidiaries
(“Sentenial”),
and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account
(“A2A”) payments sector in Europe. The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the Open Banking sector in Europe and to expand the capability across all regions.
BRISBANE, Australia (BUSINESS WIRE)
EML Payments Limited (ASX: EML) (S&P/ASX 200) has entered into a binding agreement to acquire 100% of Sentenial for an upfront enterprise value of €70 million (A$108.6 million), plus an earn-out component of up to €40 million (A$62.1 million).
Why EML, NextDC, Qantas, & Recce shares are racing higher
James Mickleboro | April 7, 2021 11:44am |
More on:
In late morning trade, the
S&P/ASX 200 Index (ASX: XJO) is on course to record another decent gain. At the time of writing, the benchmark index is up 0.5% to 6,919.6 points.
Four ASX shares that are climbing more than most today are listed below. Here’s why they are racing higher:
The EML share price is up almost 10% to $5.64 after announcing the acquisition of Sentenial Limited for up to 110 million euros (~A$170.7 million). Sentenial is a leading European Open Banking and Account-to-Account (A2A) payments provider, utilising a cloud-native, API-first, full stack enterprise grade payment platform. Its customers include 4 of the top 7 banks in the United Kingdom and some of the largest merchant acquirers in Europe.