Use cases
Personal Finance Management
Encourage users to save
Transactions helps users eliminate wasteful spending and guides users towards investment and savings goals by analyzing up to 24 months of clean, categorized transaction history.
Understand a user’s investments
Leverage Investments to gain insight into a user’s investment accounts, including account balances, holdings, and transactions that create a change in a holding.
Enable in-app balance checks
Create a fun experience by using Balance to allow your customers to check the balances of their linked accounts within your app.
Help users manage debt
Use transactions to remind users of upcoming debt payments and suggest refinancing and debt consolidation options.
Account Verification
Faster onboarding & KYC process
Make onboarding fast and effortless. Never ask for paper documents again. Auth retrieves account information instantly when users connect their account using login credentials.
Reduce fraudulent sign-ups
Automatically confirms users' identities with what's on file at the bank: their name, phone number, address, and email.
Reduce drop-off
By making it easier –and quicker – for customers to sign up and start using your service, you increase the chances of them successfully completing the process.
Seamless user experience
Instantly check whether users have the funds to make a successful payment and increase your account funding rate with a seamless account and balance check.
Lending
Verify borrowers’ assets digitally
Provides a consolidated report with account balances, uncategorized and categorized transactions, and account identity information.
Check balances in real-time
Instantly checks whether users have the funds to make a payment or transfer.
Instantly authenticate accounts
Pulls users' account and routing information , which can be used to enable seamless payments and debit withdrawals.
Verify borrowers' identities
Confirms users' identities with what's on file at the bank—in other words, their name, phone number, address, and email — to reduce fraud.
Accounting
Faster payroll or payment enrollment
Pulls users' account and routing information , which can be used to enable seamless payments and debit withdrawals.
Smoother Invoicing
Instantly checks whether users have the funds to make a payment or transfer.
Better bookkeeping
Confirms users' identities with what’s on file at the bank — and Transactions can help find a reimbursable transaction
Simplify expense management
Confirms users' identities with what's on file at the bank—in other words, their name, phone number, address, and email — to reduce fraud.
Updated 3 months ago