Adyen partners with Fiskil to ‘expand Open Banking capabilities’ in Australia

Global financial technology platform Adyen has selected Fiskil as its data-sharing partner to improve onboarding and account verification processes for merchants in the Australian market, by streamlining the way businesses connect their financial data.

Using Fiskil’s banking API, Adyen will provide merchants with a quicker, more efficient and secure onboarding process, thereby enhancing the customer experience.

Adyen enables transactions for brands including Spotify, eBay and Uber.

In a press statement, the two companies said the partnership marked the start of a “broader opportunity” to “harness” Open Banking for use cases beyond onboarding and account verification, such as credit risk assessment and transaction intelligence.

Blanca Ferrero, global head of Open Banking, Adyen

“Open Banking is transforming the way businesses access and leverage financial data, enabling smarter, more efficient decision-making,” said Blanca Ferrero, global head of Open Banking at Adyen.

“Partnering with Fiskil allows us to expand our Open Banking capabilities in Australia, delivering seamless and scalable solutions for account verification, onboarding, and beyond.”

She added: “Their expertise in secure data connectivity ensures that we can continue to innovate while maintaining the highest standards of compliance and user experience.”

Jacob Parker, founder and chief executive officer of Fiskil, called Adyen’s decision to partner with Fiskil a “strong validation of the infrastructure we’ve built to support secure, real-time access to financial data at scale”.

“Their global reputation for innovation and operational excellence sets a high bar, and we’re proud to help enable their Open Banking strategy in Australia,” he added.

“This collaboration reflects the broader shift we’re seeing in the market, where access to high-quality, consented data is becoming essential to delivering seamless, intelligent customer experiences. The Fiskil team are excited to support Adyen as they lead the way in reimagining onboarding, verification, and beyond.”

Further reading: Adyen boosts Open Banking offering with Yapily integration