Best Open Banking Platforms with a Free Trial of 2024

Flinks enables the open, consent-based exchange of financial data and empowers you to connect consumers with the services they want. Flinks Enrichment is the smart analytics layer on top of your raw retail and business banking data. Whether your data pipeline is coming from Flinks, or you’re BYOD (bringing-your-own-data) from your existing integrations—extracting actionable, model-ready insights for credit risk analysis, income verification, life event detection or fraud prevention couldn’t be easier. Flinks Connectivity offers the largest financial data network coverage, allowing your customers to use your services by easily and securely connecting their financial accounts and sharing the data you need. From KYC to transactional data and assets, Flinks Connectivity is the backbone that will power your business and put you ahead of the competition. Flinks Outbound provides the Open Banking infrastructure you need to launch and adapt quickly in a dynamic market and regulatory environment. Winning with open banking goes far beyond just technology and APIs. Our extensive network of third-party applications that millions of Canadians are already using can become your launch

GoCardless is the UK's most trusted online direct debit provider. It makes it easy to process recurring and one-off payments. GoCardless is cost-effective and secure. It offers an easy migration process and transparent fees. The platform has pre-built integrations to leading accounting, membership, and subscription software such as Quickbooks, Sage Sage, Zuora and Online Scout Manager.

Codat helps their clients build deeper connections with business customers. We offer products that make it easy to access, synchronize and interpret data from customers’ financial software for specific use cases, such as onboarding suppliers to commercial card programs and underwriting business loans. The depth of specialization and expertise that runs through our products and service enables our clients to more effectively grow share of wallet, reduce churn and scale operations.

Tenjin's superior automated software test suite is the perfect tool to take your enterprise software testing up a notch. It uses an intuitive and path-breaking algorithm to automatically "learn" the software's interface and "re-learn" any changes made without manual assistance. Tenjin can be your best investment in time, money and resources. Tenjin Connect automates API testing, allowing for faster and more precise test cycles in a multisystem environment. This allows for early adoption of test in today's agile world. Modern banks have adopted APIs to allow multiple applications to interact with each other. The line between client-facing systems and internal systems is blurring with API / Open Banking. These platforms require rapid switching between API's or the GUI when testing them. Comprehensive regression testing in integrated environments allows you to balance agility and prudence.

Expense Once is an online tool that helps businesses automate, streamline, and manage their staff expenses. The solution setup and configuration will be managed by a dedicated consultant. Additional project management and implementation support is also available. Unlimited support is provided at no additional cost throughout the life of the product. Each premium and enterprise customer is assigned a dedicated account manager. Our software is affordable, so you can use it with a lower investment. The expense software allows you to create unlimited user records. Only active users can be paid if they have uploaded receipts and submitted expenses. Open banking allows us to integrate into existing software like Clearspend or Barcleycard, saving time and effort when creating expense reports.

Before you engage a client or hire someone new, make sure they are who they claim to be. Transform hours of paperwork into minutes and seconds of secure, frictionless online activity. Compare client information with multiple government databases and sources to ensure compliance with anti-money laundering regulations in the UK and EU. To verify the authenticity of documents from more than 195 countries, request document verification using face-match scanning. You can also screen domestic and international politically exposed persons (PEPs), and sanctions lists. There is also the option to monitor your documents over time. Open banking technology, FCA-regulated, allows you to securely verify balances, transactions and payees. Instantly verify your current address and date-of-birth against credit provider and bank records in real time.

Modern treasury software. Easy onboarding, no IT or implementation required. Trovata integrates open banking and ERP to automate data normalization, aggregation and analysis. This allows you to report on cash trends and cash positions. Instantly and continuously. Trovata can be integrated with most banks. Connect in minutes and you will always be connected. No need to download.CSV files from banks websites to update cash positions. Trovata, an open banking platform, allows companies to instantly see how much cash they have and forecast more quickly. It also allows them to manage cash flow with precision. 75% of the work involved in analyzing cash is manual compiling the source data, and rolling over Excel models for most businesses. Trovata.io makes it easy to automate your workflows.

AI and automation can improve the speed and quality of application integration. IBM® App Connect connects applications and data instantly from all systems and modern technologies. App Connect provides enterprise service bus (ESB), agile integration architecture (AIA), microservices deployment of integration artifacts. This allows businesses to deploy to a variety of flexible integration patterns. Customers can make online insurance claims more simple and accurate by integrating AI and integration. Open banking APIs are being used all over the world and are leading the way to an open data economy that empowers and unlocks innovation. Continuum is a concept that involves an integrated system that tracks and guides patients over time. It includes a wide range of health services, covering all levels of intensity.

INXY Tracker automatically detects subscriptions based on your transactions. All subscriptions are displayed in an interactive dashboard. Are you aware of how much you spend each year on subscriptions? Start saving money on subscriptions you don't use. A convenient dashboard gives you a complete overview of all your subscriptions. You can see how much you spend, when subscriptions expire, and when they must be renewed. You can save your money by unsubscribing to subscriptions that you don't need. Notify the most popular messengers to be notified of renewals that are available. Don't forget to extend the services you use and to stop paying for unnecessary ones. INXY allows users to be added to your account. This makes it easy to share subscriptions with family and friends. You can easily share your subscriptions with others and grant permission to edit them. INXY automatically identifies subscriptions thanks to open banking integration You will be informed about the price and what you pay.

finAPI is a secure platform that connects individuals, banks, and companies. Open banking API allows companies to access account data and initiate payments for customers. We offer support to banks and financial services providers with an XS2A Server, which provides a PSD2-compliant banking portal for TPPs. finAPI is flexible and adaptable and always up for any challenge. We can help you create innovative financial services that provide real value to your customers and you. Accessing data is easier and allows for process optimization and innovation. The data intelligence modules of finAPI allow for comprehensive analysis of financial data, including contract recognition, risk reports, categorization, cash flow and risk reports, as well as various cash flow and risk reports. Data enrichment, artificial Intelligence, and machine-learning algorithms ensure the highest quality data and the best results.

This is the easiest way to set-up your mobile banking solution. FinCell is a white-label option for financial institutions looking for a cost-effective, easily customizable mobile banking application. FinCell is built on open banking principles. This allows for seamless integration with your core system via open APIs. FinCell's information security, quality management and data security are backed up by ISO 27001 & ISO 9001. This ensures that all safety and compliance measures are included in a product. FinCell was developed by industry experts who are certified in CISSP and CDPSE. FinCell makes it easy to get your mobile banking app up-and-running in just 2 months. It also offers predefined features that will help you reach the market faster. Only pay for what you use. FinCell uses a subscription-based pricing system, where fees are tied to your customer base. FinCell is easily scalable and can help you increase revenue, grow customer base, reduce churn, and increase customer base.

Apron is a partner that small businesses need. It will help you pay your invoices quickly and efficiently. You can now focus on your business instead of wasting time with admin. Payments and approvals are linked, so payments continue to move. You can choose who to pay by clicking on the "pay" button. Payments are sent directly from your bank. Set up roles and workflows for better communication and to keep payments moving. You can now reconcile your payments instantly in your accounting software. Sign up with Xero, QuickBooks or both. Complete the 3-minute security check. Make your first payment. Each app in your stack can be a security vulnerability. Apron allows you to manage all your payments in one place. We're a single app that replaces several others. Clients must authorize payments in their bank to transfer money. Apron is compatible with all UK banks. There are no limitations or exceptions. If a bank doesn't support open banking, you can still pay via bank transfer.

Fraudsters have increased the number of payment channels, increasing the bank's potential liabilities. These problems are exacerbated by the adoption of real-time payments and Open Banking, as well as digital-led interactions. It is nearly impossible to prevent payment fraud using traditional anti-fraud techniques. Many rely on hundreds upon hundreds of static, reactive rules that fail in new fraud patterns detection and trigger too few poor hits. Screener monitors all of the bank's payment transactions in real-time catching more fraud with fewer false positives. It detects suspicious payments from social engineering scams or scams (e.g., invoice redirection or love scams, CEO fraud) and links this with digital banking fraud indicators (eBanking/mBanking session redirected or hijacked or account takeover fraud due to identity theft).

Salt Edge, a fintech leader in creating and providing open banking solutions, takes intercommunication and interoperability between banks, third-party service providers, and their end-users to a whole new level. With offices in Toronto, London, Chisinau, Milan, Bucharest, and now expanding to the Middle East. The main vectors the company focuses on are: 1. Open Banking Gateway - allows lenders, accounting software, banks, BFMs, PFMs, iGaming companies, and different other companies to instantly connect to all customers’ bank accounts in Europe, APAC, Americas, and MEA for account information and/or payment initiation, via one unified API. 2. Open Banking and PSD2 Compliance Solution - enables banks and eWallets to become compliant with PSD2 and Open Banking requirements in 1 month, with minimal resources. ISO 27001 certified and open banking licenced, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers. The company offers secure connectivity to 5,000+ financial institutions in 50+ countries. Salt Edge has been named a Strong Performer in The Forrester Wave™: Open Banking Intermediaries, 2023 Report.

We are experts at building and maintaining custom systems. Complex projects that require integration of multiple legacy systems are our forte. Payments, including mobile payments, cards and open banking. Big data technologies are used to create high-availability, reliable data hub platforms that integrate legacy data in real-time. We will quickly and efficiently find the right specialists for your needs. Even if your website offers the best user experience, people will see your products and content on an app 4.2x more than they will on a website. Global shopping cart abandonment rates of mobile websites are as high as 97%. This problem can be solved by mobile apps that simply save user data and allow for in-app payments.