Flinks: Powering the Open Banking Revolution

Challenge

Flinks focused on the core virtue of open banking: customer consent and compliance. They needed a way to effectively obtain and enforce customers’ consent for their data to be shared and, simultaneously, to secure that data as it was being shared. Flinks would need to solve how they could effectively share, handle, and delete this data if needed. They needed to be 100% confident that users connecting their financial accounts would be presented with the ability to provide their consent and a clear process to share specific elements of data.

Solution

Ping recommended PingFederate and PingDirectory as the best solutions to handle the task and make sure financial data would remain secure at all times. Ping Identity capabilities helped bring security and trust to Flinks by handling their identities’ security and consumer consent management within a secure platform. Ping also introduced Simeio as a trusted partner to perform the implementation and software hosting in Canada, meeting Flinks' strict deadlines and unique challenges.

Results

With dedicated collaboration across the Flinks, Simeio, and Ping teams, the effort was a massive success. Flinks’ solution is secure and scalable, allowing hundreds of third-party apps to connect millions of users’ financial accounts easily and safely. Ping runs seamlessly behind the scenes; Flinks takes care of allowing the authentication and access on the front end, while Ping works on the back-end. Flinks is now up and running with a true open banking experience for financial businesses and their customers.