How fintechs will make money from open banking

BlinkPay co-founder Adrian Smith explains the path to profit after working to get access to APIs ahead of open banking regulation. (Image: BlinkPay)

Ben Moore

Fri, 23 Aug 2024

Adrian Smith has big plans for BlinkPay, and proving a secure payment platform is just the start.The payments processing fintech is the second company and the first startup to form bilateral agreements with each of the Big Four Australian banks for access to the applications programming interfaces (APIs), the connective software that enables modern open banking.They are behind only Eftpos progenitor Paymark, now trading as Worldline since it took on the name of its French parent company after being acquired in 2020.According to BlinkPay’s...

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