ABN Amro Bank has partnered with open banking platform Tink to bring multi-banking to the bank’s standalone app Grip. The bank said the service is built with the new PSD2 APIs – making the app one of the first players in the Netherlands to utilize open banking technology. The integration makes it possible for Grip users to see their account information from 5 other banks in the app and for Grip to deliver more valuable and relevant insights to their users. Besides making Grip more relevant and comprehensive this also opens up a bigger market. By exposing other banks in Grip, Grip is also able to serve non-ABN Amro customers for the first time. Roland Booijen, digital strategy & innovation director at the bank, said the app currently has around 700,000 users and receives high ratings from its users. The new open banking landscape enables more users in having a better and complete experience, he added. Grip users can currently view their accounts from Rabobank, ICS, SNS, Bunq and ABN Amro.
