Smart Fintech obtains NBR authorization and becomes the first third party payment provider (TPP)

Smart Fintech announced today that they have officially received the authorization from NBR (National Bank of Romania), the regulatory authority, as a Payment Institution authorized to perform Payment Initiation Services (PIS). Thus, the start-up becomes the first open banking third-party provider (TPP) licensed in Romania. Smart Fintech is officially listed in the Payment Institutions Register held by the NBR and in the Register of payment and electronic money institutions under […]

An open letter from Tink to European National Competent Authorities (NCAs), calling for flexibility around the PSD2 implementation deadline

By Tomas Prochazka, VP of Product, Tink Banking is facing its biggest remake in history. Technological developments, changing consumer expectations and new regulations are forcing the industry to open up. The EU commission’s PSD2 is ushering in the era of open banking by allowing new entrants access to customers’ financial data. Its ambition is to level the playing field in the industry so that more companies can offer consumers greater transparency […]