Finicity
Finicity provides open banking solutions, offering secure financial data connectivity and APIs for various financial services, including lending and personal financial management.
Services
Finicity provides open banking solutions designed for secure and efficient financial data connectivity. The company offers solutions for lending, managing, and paying through its platform. Its offerings are designed to support small to medium-sized business (SMB) lending with real-time insights. Additionally, Finicity provides consumer-permissioned data services for credit scoring and financial management, leveraging its extensive suite of financial data APIs.
Products
Finicity offers a suite of financial data APIs that enable easy access to the data needed to power various financial products. These APIs are crucial for developers aiming to access financial data for multiple applications. The company's solutions extend to personal financial management, mortgage lending, auto lending, and accounting, providing comprehensive support for various financial needs.
Sector
Finicity operates within the financial technology (FinTech) sector. Specifically, it focuses on open banking, providing essential tools and services for secure financial data connectivity and management. The company supports diverse areas including lending, credit scoring, financial management, and developer platforms with real-time data and consumer-permissioned data access.
Security Measures
Finicity employs stringent security measures to protect user data. These include encryption and firewalls, ensuring that all financial data shared and managed through its platform remains secure. The company's compliance with the Fair Credit Reporting Act (FCRA) underscores its commitment to providing secure and reliable data for lending decisions and verification.
Connect Platform
Finicity's Connect platform facilitates consumer-permissioned data sharing, enhancing the user experience. This platform allows consumers to securely share their financial data, which is crucial for services like credit scoring and lending. The Connect platform exemplifies Finicity's commitment to user-centric and secure financial data management solutions.