Open Banking
Secure access to account information and payment processing through regulated Open Banking APIs
Account Information
Open Banking encompasses both Account Information, and Payments Services which are authorised in the same manner.
Proofenance understands that the idea of allowing access to personal bank accounts can be scary— especially in the modern age of identity fraud. That is why Proofenance has partnered with Nordigen GoCardless who are registered with the FCA and hold a UK Open Banking AIS TPP license. They also have an EU open banking license which enables access to European accounts.
How it works
When you authorise Proofenance to access your account information, you are redirected to your bank's secure website. This is the same website you use to log into your online banking.
You then log in using your usual bank credentials and authorise Proofenance to access your account information. This is done through your bank's secure website, not through Proofenance.
Proofenance never sees your bank credentials. They are only entered on your bank's secure website.
Once authorised, Proofenance can access your account information through secure APIs. This information is used to verify your identity and assess your risk profile.
Secure by Design
Every component of our platform is designed with security in mind from the ground up. We use the latest technologies and industry standards to ensure your data is safe and secure.
Bank-Level Security
Enterprise-grade encryption and security protocols that meet the highest industry standards for financial services.
GDPR Compliant
Full compliance with GDPR and other data protection principles. Your customers' data is protected by design.
Secure Infrastructure
Built on AWS to Well-Architected Framework standards, ensuring your data is stored and processed safely.
Audit Trail
Complete audit trails for all compliance activities, providing full transparency and accountability for regulatory requirements.
Global Compliance
Designed to meet compliance requirements across multiple jurisdictions, helping you operate confidently worldwide.
Regular Security Audits
Continuous security monitoring and regular audits to ensure our platform remains secure and compliant.
Trusted by Industry Leaders
Data Residency
Fully Compliant
Enterprise Grade
Security Monitoring
Security You Can Trust
Your customers' data security is our top priority. Learn more about our security practices and compliance certifications.