Latest news from Aiia
Avarda taps open banking services from Aiia to improve digital payment experience
Nordic-based payment service provider Avarda has chosen European open banking leader Aiia, a Mastercard company, to enable open banking payments through its white-label payment solutions for a wide range of retailers and merchants.
Powered by Mastercard’s global open banking platform, Avarda provides online shoppers with a more hassle-free checkout experience.
Both Avarda and Aiia see a tremendous opportunity for open banking to improve the customer experience and further increase conversion rates. The ‘Pay-by-bank’ solution has already been kicked off in the Finnish eCommerce landscape with great results and is set to be further expanded across the Nordic region during 2022. Furthermore, Aiia will empower Avarda’s white-labeled Buy Now, Pay Later solution based on account-to-account payments. With Aiia´s open banking capabilities in place, the consumer will not be redirected to any external banking login, which will ensure higher conversion rates and a frictionless payment.Read more...
Subaio chooses open banking firm Aiia to automate creditworthiness for financial institutions
The front-running fintech solution Subaio has chosen European open banking leader, Aiia, a Mastercard company, to enable a smarter way for assessing creditworthiness through Subaio’s new whitelabel offering. With access to open banking, the solution will help financial institutions, banks, leasing companies and more assess consumers’ creditworthiness automatically.
The traditional credit scoring industry has been associated with long, manual processes that have left room for human mistakes as well as being a costly and slow affair. The collaboration will smoothen up creditworthiness assessment by combining the access to financial data from Aiia with Subaio’s existing recurring payments detection, building a whitelabel solution that will remove the headache for financial institutions.Read more...
Netcompany and Aiia brings open banking powered payments to the masses via a new nationwide digital
European open banking leader Aiia has entered a collaboration with one of the most successful software technology companies in the Nordics, Netcompany. Netcompany is launching ‘mit.dk’, a new platform to streamline digital communication between the Danish people and public and private sector companies. The platform is set to bring open banking powered payments to the masses by enabling Danish citizens to pay bills and invoices securely and safely in one place.
With an ambition of making it as easy and straightforward to act on and manage digital mail from companies, authorities, organisations and healthcare. The new digital post solution will also make it possible for more than five million Danish citizens to pay bills and invoices directly through the platform powered by Aiia’s quality-driven open banking infrastructure.Read more...