The Tink open banking platform leverages access to PSD2 APIs across Europe. The Tink open banking integration will provide access to a broad range of high-quality financial data from banks through a single API.
AccountsIQ and Tink are working together on streamlined bank account connectivity that will improve user experience of the accounting software platform and provide more security and control over financial data. Users will benefit from the value of seeing bank transaction data close to real time, and will be able to initiate bank payments.
Users will be presented with a simple workflow to enable the set up and management of the bank connections and to sync with banks periodically for new transactions that will be imported into the system for reconciliation purposes. With a few clicks users will be able to connect their physical bank to the system and AccountsIQ will be updated for new transactions 4 times per day – real time reconciliation! Bank connections will be included in all product plans and main pillar banks will be available with new bank connections being added continually by Tink. View the current list of connected banks.
This new open banking connectivity will be rolled out to AccountsIQ users in early 2021. For more information, read our press release.
For more about AccountsIQ’s Tink Open Banking integration, get in touch.