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Visa Buys Swedish Fintech Tink For $2.1B

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Visa Inc. (NYSE: V) announced its acquisition of the Swedish open banking platform Tink for $2.1 billion. What Happened: The European Union’s Payment Services Directive requires banks to access registered third-party providers on behalf of their customers, and Tink is among the more than 440 third-party providers offering open banking services in EU countries.

...read full article on Benzinga

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