Bisnode now strengthens its offering within bank account information 

10 Feb 2020

Today Bisnode announces a strategic partnership with Tink, Europe’s leading open banking platform. The partnership will enable Bisnode to provide bank account data based on Tink’s account aggregation and data enrichment technologies in 7 of its markets across Europe, with more to come. 

"This is an important strategic move for Bisnode to build strength in our future risk and credit offerings", says CEO Magnus Silfverberg. 

The partnership with Tink will strengthen Bisnode's leadership in the risk and credit space and give customers access to key datasets for risk decisions. In combination with Bisnode's strong offering in credit reports and credit scores, bank account data will be an important basis for making credit decisions in the near future. PSD2 revolutionizes the way consumers can get control of their bank data, which has been siloed in banks' servers in the past. Now consumers can easily share it with other banks or companies to get access to credit or other related services.  

"This will be a game changer for lenders in the future and thus for Bisnode as a key provider of risk and credit data", says CEO Magnus Silfverberg.  

Founded in Sweden in 2012, Tink is enabling banks, fintechs and startups to develop data-driven financial services. Tink currently connects to more than 2,500 banks in 13 markets in Europe of which 7 are markets where Bisnode operates today: Sweden, Norway, Denmark, Finland, Germany, Austria and Belgium. This list of markets that Tink covers is set to expand rapidly over the coming years to cover all of Europe. 

EU's second Payment Services Directive (PSD2) entered fully into force in September last year and obliges banks and financial institutions to give full control to consumers of their bank account data via open APIs. This means that the consumer can put his or her data to use for whatever purpose, such as to get a new loan, to get a lower interest rate, or for personal finance management and budgeting tools. Bisnode will be a facilitator in this process and empower the consumers to get full control of their data, and in the meantime helping Bisnode's customers make more well-founded credit decisions. 


For further information please contact 
Tomas Hedenius: +46 (0)70247 29 02,  
David Nilsson Nannini: +46 (0)722-50 41 


Key Facts about PSD2 
Already in 2007 the EU set up common rules for payments with the purpose of establishing safer and more innovative payment services. In 2015 the existing rules were improved with the second iteration of the Payment Services Directive (PSD2). The new rules aim to allow customers to benefit from more and improved payment services. 

About Tink 
Tink is Europe’s leading open banking platform that enables banks, fintechs and startups to develop data-driven financial services. Through one API, Tink allows customers to access aggregated financial data, initiate payments, enrich transactions and build personal finance management tools. Tink connects to more than 2,500 banks that reach over 250 million bank customers across Europe. Founded in 2012 in Stockholm, Tink’s 270 employees serve 14 European markets out of 12 offices.