Open Banking module
Our Open Banking module is the foundation of our software. It enables third-party providers to retrieve account data from banks and also from payment service providers such as PayPal. finAPI can access data from banks in Germany, Austria, Belgium, France, the Netherlands, Romania, Slovakia, the Czech Republic and Hungary. With customer approval, we can access data from all sorts of accounts, such as current accounts, savings accounts, as well as credit cards, securities accounts, building society deposits, and PayPal accounts of both private and business customers. The most important tool is our PSD2-compliant XS2A interface.
Data Intelligence module
finAPI’s Data Intelligence module is designed to analyze financial data extensively. It categorizes transactions,
carries out cash flow and risk analyses, and identifies credit and insurance contracts. Artificial intelligence ensures
precise analyses and continuous system development. When categorizing account transactions, we deliver an accuracy
of up to 99 percent in the most relevant categories.