Instant account verification for
account opening
Provide instant account verification for new account openings without micro-deposits.
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.
How it works
Authorized connection
The app then captures consent to receive access to the checking account before redirecting the user back to their financial institution to log in.
The app then captures consent to receive access to the checking account before redirecting the user back to their financial institution to log in.
Secure authentication
The user agrees to terms and conditions set by their financial institution and authorizes the specific data to be shared with their app.
The user agrees to terms and conditions set by their financial institution and authorizes the specific data to be shared with their app.
Permissioned data provided
Underlying products
Balances
Enable your users to access balances for bank accounts, credit cards, loans, investments, and more.
Customers
Access verified contact information on file at your users' financial institutions.
Payments
Empower your users to make ACH payments and Real-Time Payments (RTP) with the necessary identifiers.
100% permissioned
APIs
Seamless
developer experience
Easy
integration
Reliable
data
Featured resources
Credit unions can compete, grow, and win member loyalty with open banking
Open banking webinar: Transforming lending and member experience for credit unions
Understanding the role of open finance platforms
Understanding open finance platforms - Making the right choice for your financial institution
Akoya and FDX: Advancing secure open finance solutions
Streamlining third-party risk management for open banking
Reducing complexity in Open Banking regulatory compliance
1033 compliance is a complex issue that demands a multifaceted solution.
Get started
Explore our self-service sandbox for developers. Set-up a free account to access test data and move to production when you’re ready.