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NORD.Investments, Mastercard Team on Open Banking

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Mastercard company Aiia is collaborating with NORD.Investments to allow more open banking payments in Denmark’s largest independent digital investment advisor platform, a press release from Mastercard said.

The customers for NORD.Investments have seen challenges while adding funds to the investment platform, with the process involving going through the online bank and manually entering investment account details to move money.

Through Mastercard’s open banking network, NORD.Investments will facilitate customers’ account-to-account payments in a single unifying investment platform, making it quicker and easier and cutting down the possibility of errors.

“Before we partnered with Mastercard, it was less convenient for our users to invest, as they would have to do this through their online bank,” said Anders Hartmann, CEO & Co-Founder of NORD.Investments. “Now we’re able to offer everything on our own platform, making it significantly easier for people to get started with their investment plans. We’re happy to see this collaboration take shape and expect more of…

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