Data Access is an open finance API platform designed to make it as easy as possible for you to share your institution’s financial data and access the data of other institutions using the latest FDX and OAuth standards.
In other words, you can stand up and manage your own financial data API in a fraction of the time it would take to build your own.
Data Access includes ready-made user interfaces for administration and authorization, as well as third-party management.
Data Access enables you to monitor and manage where customers are sharing your financial data and provides the tools to implement a more secure data-sharing experience with modern, token-based connectivity. It also empowers consumers to better understand, leverage, and benefit from their own financial data in a secure, reliable, and user-centric manner. Consumers gain visibility and control over which apps and institutions access their data by giving them the power to grant, modify, and revoke access at any time.
Data Access uses the Ruby on Rails and React frameworks.
Data providers are individual financial institutions who implement Data Access to make their data consumable through APIs.
Channel partners implement Data Access at scale for distribution to data providers that are their clients. Those clients utilize their services such as digital banking, core banking, and bill pay.
Data recipients are consumers of the APIs made available by data providers and channel partners.