Payment Enablement

Validate account information to authorize account-to-account payments.

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Verify user information for payment initiation

Link a user’s account for the purposes of depositing or withdrawing funds. Examples of this use case include person-to-person payments, “pay with my bank” tools, prepaid cards, bill pay, and tax refunds.

Akoya supports automated clearing house (ACH) and real-time payment (RTP) transactions by offering account numbers and routing numbers to facilitate money transfers.

Akoya will also support the tokenization of account and routing numbers through The Clearing House’s Secure Token Exchange.

Note: Akoya does not initiate payments. Actual money movement may be executed directly by the app via a sponsor bank or by a payment processor an app works with.


“After one seamless integration onto Akoya, we are now able to authorize direct connections with data aggregators and fintechs that will use the Akoya Data Access Network. The data recipients that the customer authorizes to connect to their U.S. Bank account through Akoya will receive authorized and permissioned access to U.S. Bank customer data, all while giving consumers the confidence that their data is safe and secure.”


Gareth Gaston EVP & Chief Digital Officer, Enterprise Platforms & Capabilities, U.S. Bank

“PNC takes very seriously our responsibility to protect the financial and account information that our customers entrust to us. Many customers assume it is safe to provide their sensitive information to the financial app of their choice. However, we know this information has been used for unauthorized access to customer accounts. That is why we have been taking interim steps to provide accessibility and security.…  [We] are providing a permanent solution for striking the right balance between customer choice and data protection.”

Bill Demchak Chairman, President, and CEO, PNC

“Consumers' personal financial data should only be accessed with their explicit consent and they should have the ability to monitor and revoke that access. For this reason, we created Akoya and are now joining with several financial institutions to accelerate the availability of a secure, transparent and more reliable network for the entire financial services industry.”

Abigail P. Johnson Chairman and CEO, Fidelity Investments

“Akoya provides another option for third parties to safely connect to Chase. Most importantly, our over 60 million digitally active customers will have full control and visibility into the data they choose to share with apps and companies. This brings us closer to a future where customers know with certainty what information they’re sharing and with whom.”

Paul LaRusso Managing Director of Digital Platforms, JPMorgan Chase
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