Get the most from Open-Finance’s Open Banking Solutions
Digital Banking & Payments
Payments processing is a complex process that involves various payment networks, routing data, currency conversion, fraud prevention, and settlement times. This complexity increases costs and complicates data routing for both fintechs and customers.
Open-Finance.ai allows consumers and organizations to initiate local and international payments directly from their bank accounts. Our open banking APIs allows to provide a smoother payment experience and transform the way financial transactions are conducted.
Compiling a comprehensive summary of users' financial accounts becomes challenging when individuals hold accounts across numerous financial entities.
Open-Finance.ai streamlines financial data through PSD2 integrations and provides invaluable user data insights, enabling financial institutions to gain an unprecedented understanding of their customers by aggregating users' data across all financial platforms.
Companies face challenges in effectively preventing fraud, conducting risk assessments, and verifying accounts. These issues are magnified in the digital age, where the rapid growth of online transactions demands constant adaptation to stay ahead in the evolving fintech industry.
Open-Finance.ai's cutting-edge technology harnesses AI and machine learning to provide real-time fraud detection, robust risk assessment tools, seamless account verification processes, helping organizations streamline their financial operations in the digital age.
Financial providers need automated financial wellness management tools that reduce costs, drive customers engagement, fostering loyalty, and lead to better outcomes that enhance the financial well-being.
Open-Finance.ai's wealth management system seamlessly integrates with open banking capabilities, delivering a range of advantages to financial providers. This integration empowers them to enhance customer service efficiency, increase assets, and gain valuable insights from external financial data.
Lenders are required to collect comprehensive applicant data, but verifying account balances, gaining insights from transaction data, and assessing income all entail significant effort for both borrowers and lenders.
Open-Finance.ai provides clear financial trajectories through data-driven analysis. Categorized income and expenses reveal trends and efficiency opportunities to accelerate financial decisions and help your customers reach their financial goals.