Belgium’s BNP Paribas Fortis unleashes bank account aggregator
Belgium-based BNP Paribas Fortis, a subsidiary of BNP Paribas, has launched the multi-banking version of its Easy Banking App for iPhone and Android smartphones.
“A first for Belgium!”
This means users can look at the balance and an overview of transactions on savings accounts with other financial institutions in real time – “a first for Belgium!”.
Michael Anseeuw, general manager, retail banking, BNP Paribas Fortis, says: “Today, one in four BNP Paribas Fortis customers also has an account with another bank. The new approach is in line with our broader ambitions to improve the perception of our users and to offer them new, innovative services that facilitate their daily life, in the context of the new Payment Services Directive (PSD).”
The bank worked with the Swedish fintech Tink to make this happen. (Earlier this month, Stockholm-based Tink completed a €56 million investment round.)
For example, customers can see at a glance all information about their savings accounts, both personal and professional. Switching between the mobile applications of the different banks is therefore no longer necessary.
Currently, Belfius, ING and KBC accounts can be added to the app. In the coming months, the accounts of other (unnamed) banking institutions will also be integrated into BNP Paribas Fortis’s accounts aggregator, together with several new functionalities (payment initiation services and personal finance management).
