Sopra Banking Software signs strategic partnership with Tink

01 Jul 2020

Source: Sopra Banking Software

Sopra Banking Software (SBS), a global leader in digital banking and financing software, announces a strategic channel partnership with Tink, Europe’s leading Open Banking platform.

This partnership will enable SBS’s customers to harness the full value chain of open banking, well beyond PSD2 compliance. By integrating Tink’s technologies, Sopra Banking Platform will offer new value and turn-key cloud native digital banking solutions.

By integrating third-party data and orchestrating internal and external API services, banks will be able to design fully digital, personalized customer experiences.

SBS’s parent company, Sopra Steria, whose capabilities include digital services, consulting and infrastructure, will also support the deployment of its open banking solutions.

Sopra Banking Software’s roadmaps include Tink-enabled innovative use cases, such as multi-banking, customer onboarding, KYC, digital lending, enhanced credit scoring, integrated payments, North-South transfers and personal finance management.

Eric Pasquier, CEO at Sopra Banking Software, explained: “Tomorrow’s financial services will be inter-connected, embedded and often invisible. To differentiate, banks will increasingly need to actively connect with external third parties. Combining Sopra Banking’s unique sets of retail banking solutions with Tink’s open banking technologies will allow our clients to develop unique data-enabled customer experiences.”

Daniel Kjellén, co-founder and CEO of Tink, added: “As Europe’s leading open banking platform, we are proud to enter this strategic channel partnership with a global leader in digital banking like Sopra Banking Software. We look forward to working with Sopra Banking Software and supporting their 1,500 clients in 80 countries with our open banking technology.”