Open finance
and data sharing
built for you

Akoya gives banks and credit unions a secure, API-based way to share their customers' permissioned data with fintechs and aggregators, replacing credential sharing and screen scraping with a single, standards-aligned network connection. Institutions can also join the Akoya network as a data recipient, enabling their customers to securely connect external accounts to their own digital banking experience.

The Open Finance Solution combines the technology and managed services an institution needs to share customer data securely and meet evolving compliance requirements, without building infrastructure in-house. That includes a white-labeled developer portal for third parties, consumer consent and permission management, and a fully managed onboarding process where Akoya handles security and risk reviews, data access agreements, and 24/7 third-party support on the institution's behalf.

Consumers increasingly expect to connect their accounts to budgeting, lending, payment, and wealth apps, and regulators are moving toward formalizing those rights. Institutions without a modern strategy face higher security risk, growing costs from one-off fintech agreements, and the loss of customers to competitors with better data-sharing experiences.

Akoya replaces credential-based screen scraping with token-based API connections, so customer usernames and passwords are never shared with or stored by third parties. This removes credential reuse risk, reduces bot-driven traffic on online banking platforms, and gives institutions clear visibility into who is accessing what data. 

Akoya provides the FDX-aligned APIs, consumer consent tools, third-party due diligence, legal agreement administration, and continuous regulatory monitoring institutions need to keep pace with open finance requirements as they evolve. Institutions can achieve compliance in a fraction of the time it takes to build in-house.

As a data provider, an institution uses Akoya to let its customers securely share account data with authorized third-party apps. As a data recipient, the same institution can receive consumer-permissioned data from other institutions to power use cases like account opening, lending, and personal financial management. Many Akoya customers use both sides of the network through a single integration.

Akoya operates a 100% API-connected network linking thousands of financial institutions with thousands of fintech apps and data aggregators through a single integration. Participants include leading U.S. banks, credit unions, wealth management firms, core banking providers, and data aggregators, all vetted against Akoya's security and risk standards.

No. Akoya serves institutions of every size, including community banks and credit unions that lack the resources to negotiate one-off fintech agreements. A single integration gives any institution access to a vetted third-party network and the security, legal, and consent infrastructure to support open finance.

No. Akoya operates a passthrough model and does not copy, store, or hold consumer financial data or login credentials. Data flows directly from the institution to the authorized third party with the consumer's consent, and Akoya is SOC 2 Type 2 certified with NIST and FIPS-140 alignment.

Financial institutions can request a custom demo or take the open finance readiness assessment to scope their data-sharing and data-access needs. Onboarding includes a single network integration, configuration of the white-labeled consumer permission dashboard, and access to managed third-party agreements, security reviews, and 24/7 support.