ACCOUNT OPENING

Instant account verification for account opening

Provide instant account verification for new account openings without micro-deposits.

Try our APIs

Account opening Hero

Empower users to open new financial accounts

Provide a seamless experience for users as they open new accounts. To prevent fraud, verifying your users’ identities is a critical first step. By integrating with Akoya, you can access identity verification for account opening quickly and securely. This ensures your users can begin initiating fund transfers without unnecessary friction.

Empower users to open new financial accounts

ACCOUNT OPENING

How it works

Authorized connection

A user wants to connect a checking account at their financial institution to pay with a new payment app. The app provides an institution selection screen to allow the user to select their financial institution.

The app then captures consent to receive access to the checking account before redirecting the user back to their financial institution to log in.

A user wants to connect a checking account at their financial institution to pay with a new payment app. The app provides an institution selection screen to allow the user to select their financial institution.

The app then captures consent to receive access to the checking account before redirecting the user back to their financial institution to log in.

Protect consumers

Secure authentication

Permissioned data provided

Protect consumers

Protect consumers (2)

Protect consumers

ACCOUNT OPENING

Underlying products

Dollar

Balances

Enable your users to access balances for bank accounts, credit cards, loans, investments, and more.

Learn more

customers

Customers

Access verified contact information on file at your users' financial institutions.

Learn more

Payment Enablement

Payments

Empower your users to make ACH payments and Real-Time Payments (RTP) with the necessary identifiers.

Learn more

ACCOUNT OPENING

Integrating with Akoya

100% permissioned
APIs

Seamless
developer experience

Easy
integration

Reliable
data

Featured resources

Featured

Streamlining third-party risk management for open banking

As banks and credit unions prepare for the compliance deadlines in the CFPB's Section 1033 Final Rule on Personal..

CFPB 1033 Compliance

Reducing complexity in Open Banking regulatory compliance

With the issuance of the CFPB 1033 final rule in late October 2024, the countdown to Open Banking compliance has..

CFPB 1033 Compliance

How Akoya’s managed services help ensure CFPB 1033 rule compliance

Financial institutions have begun their efforts to comply with the Consumer Financial Protection Bureau’s Section..

CFPB 1033 Compliance

Final CFPB 1033 rule: Challenges and opportunities for financial institutions

In our webinar, "It’s time to act. Prioritize CFPB 1033 compliance for your customers," Open Banking experts from..

CFPB 1033 Compliance

Preparing for CFPB Section 1033 compliance: Is your financial institution ready?

In the first webinar of our Open Banking Compliance series, “1033 Compliance is a Significant and Ongoing Expense...

CFPB 1033 Compliance

Simplify CFPB Section 1033 compliance

Financial institutions like banks and credit unions are facing mounting pressure and scrutiny as the Consumer..

CFPB 1033 Compliance

Section 1033 compliance for financial institutions

Open Banking Compliance Series On a scale of 1 - 10, how ready are you for Open Banking? As we move towards a more..

Data Security

How Akoya protects consumer financial data

Akoya helps keep consumer financial data safe. Our team is dedicated to helping consumers more efficiently manage..

View all resources