Instant Payments – Tink Launches Rules-based Risk Engine Risk

<p>Tink, an open banking innovator, has unleashed 'Risk Signals' – a
rules-based risk engine that transforms instant payment experiences across
Europe while minimizing risk. </p><p>The Evolution of Instant Payments</p><p>In an era where time is the ultimate luxury, waiting days for bank
transfers to settle feels archaic. Enter Tink's Risk Signals, a system that marries
fast <a href="https://www.financemagnates.com/terms/p/payments/">payments</a> with financial prudence. There’s no need to choose between speed
and security. According to Tink, Risk Signals ushers in a new dawn where
transactions are assessed in seconds, adding minimal friction to the user
experience.</p><p>In some
European markets, <a href="https://www.financemagnates.com/tag/payments/">bank
transfers</a> can take up to three days to settle. Tink’s Risk Signals means
businesses no longer need to compromise between a quick checkout and reducing
risk.</p><blockquote><p lang="en" dir="ltr">Pay by Bank can help retailers feel less blue this January. How?