Personal Financial Management

Empower consumers to aggregate their financial accounts in one place.

Try our APIs

Graphic depicting personal financial management

Give users a consolidated view of their finances

Personal financial management (PFM) offers users the ability to view and manage their money in a consolidated manner. Fintechs that want to provide this service need to access financial account data from a variety of financial institutions and present the collated account details to the user.

Unlike traditional personal finance aggregators, Akoya does not use screen scraping for personal financial management data.

With Akoya, individuals can securely share their data with fintech apps using their financial institution’s existing online portal.

The fintech apps can then use the data to provide services related to tracking spending patterns, budgeting and saving, debt reduction, and more.

Note: Personal financial management does not relate to taxes or money movement.

How it works

Graphic depicting selection of financial institutions or banks

Akoya redirects consumer to their bank to authenticate

Graphic depicting the process of identity verification and bank authorization step by step

Akoya redirects consumer to their bank to authenticate

Graphic depicting sign in for bank or financial institution

Akoya redirects consumer back to fintech app

Graphic depicting success page on fintech app

Akoya establishes data flow

Graphic depicting the fintech operating as intended with the example a consolidated view of accounts for PFM

Akoya establishes data flow

Testimonials

“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

“We recognize how important it is for our customers to be able to use the financial applications of their choice in a safe and secure manner. Akoya’s capabilities help us meet the data sharing needs of our customers as well as data aggregators, data providers and other third parties, in line with evolving industry standards. This is good for our business, good for our customers and good for the industry.”

Bill Demchak Chairman, President, and CEO, PNC

“We chose Akoya’s network to enable our customers to share their financial data. Akoya’s pass-through solution is efficient and is designed with data privacy and data minimization in mind. Akoya’s end-to-end management of the contracting process, streamlining of the onboarding and risk management processes, and operational efficiencies significantly accelerate our implementation timelines.”

Figen Ceceli SVP, Head of Data Aggregation Product, Fidelity Investments