November 7, 2023
The role of purposeful friction in Open Finance
The success of fintechs in the past decade can be attributed, in large part, to their ability to remove friction from user…
Open finance blog
May 28, 2025
Open finance vs. open banking: What’s the real difference?
The terms "open banking" and "open finance" are often used interchangeably, as if they have the exact same meaning. But here’s the thing: they don’t. Whether…
October 12, 2023
Instant ACH verification and meeting consumer expectations
For fintech companies trying to offer innovative payment services and options to consumers, relying on the ACH network feels…
September 19, 2023
The expansion of account ownership validation methods
As of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website1. With online financial services being a…
August 29, 2023
Instant account verification with Akoya
Methods such as micro-deposits, void checks, and bank statements have long been cornerstones for verifying the authenticity of…
August 9, 2023
A consumer-first approach to account linking
For over two decades, companies have grappled with finding a safe way for consumers to share access to their financial data with…
July 26, 2023
Product design to add value across the network
By Ryan Magalhaes, Product Designer at Akoya
July 19, 2023
Akoya’s commitment to data security & privacy
A common adage among cybersecurity professionals is that when it comes to data breaches, it’s not a matter of if, but when.…
May 24, 2023
Customer centricity: How we prioritize customers through design
By Ajay Chaudhary, UX Designer at Akoya
May 9, 2023
The future of payments is instant
To address various commerce needs, the U.S. has a plethora of payment methods available. ACH (Automated Clearing House), Same…
April 28, 2023
Screen scraping vs. APIs: Why Akoya is 100% APIs
With data sharing between banks, financial institutions, and third-party applications on the rise, enabling technologies…
April 11, 2023
What is Zero Trust and why it matters
Financial firms have long been a prime target for cyber attackers looking to compromise and exploit sensitive data. From bank…
April 5, 2023
Protecting consumer data through Multifactor Authentication
The most traditional method to log into an online account is through single factor authentication. A user enters their username…