Adyen, one of Europe’s leading financial technology companies, has started using Yapily account information services (AIS) to power their merchant services.
„Yapily will enable Adyen to deliver a streamlined onboarding experience for customers while strengthening their account verification processes. Merchants that use Adyen’s services can now welcome faster, more seamless, and highly secure onboarding experiences.” – according to the press release.
„Beyond onboarding and account verification use cases, this collaboration has the potential to expand further into additional open banking-driven services, including creditworthiness assessments for loan decisions and beyond. Adyen will start going live with Yapily’s Data products from January 2025 in various European regions which will be both embedded into Adyen’s Open Banking product and offered via a standalone solution.” – the company explained.
Stefano Vaccino, CEO and founder of Yapily said: “Adyen is one of the leading financial technology companies in the world, and their decision to integrate our platform is a testament to the quality and extensive coverage of our API. We’re excited to be helping Adyen deliver solutions that reduce financial friction and improve the customer experience for businesses. Merchant onboarding and account verification are just the tip of the iceberg, and as this relationship grows, we look forward to enabling Adyen to develop more impactful and innovative solutions built on our open banking infrastructure.”
Blanca Ferrero, Global Head Open banking & Settlement said: “Open Banking serves as a strategic enhancement to our core value proposition, empowering us to develop scalable and innovative use cases across shoppers, businesses, payments, and data. To meet the diverse needs of our merchant base, establishing a global reach for Open Banking services is of paramount importance. Yapily represents a valuable addition to our Open Banking portfolio, distinguished by its flexibility and expertise in business account connectivity. Together, we are optimally positioned to drive substantial progress within the Open Banking ecosystem.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
