Mastercard Expands Open Banking Reach with Acquisition of Aiia
09/13/2021 • Customer news
Mastercard company announced it has entered into an agreement to acquire Aiia, a leading European open banking technology provider offering a direct connection to banks through a single API, allowing its customers to develop and launch new digital solutions that meet the needs of everyday life, work and play.
Aiia’s expertise in providing safe and secure data access complements Mastercard’s data responsibility principles, continuing to put the individual at the center of the process. The connectivity of Aiia in Europe will enable Mastercard to deliver the credit decisioning and credit scoring applications of Finicity to European clients.
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