Overview:

BASIQ offers partners a comprehensive suite of access methods designed to facilitate the aggregation of financial data. These methods empower partners to efficiently retrieve and utilise data from various sources, enabling them to develop innovative financial solutions tailored to their clients' needs.

Web Connector

Securely shares login credentials to access bank portals and extract user accounts and transactions. Effective yet requires updates due to evolving bank security measures.

Open Banking

Enables secure access to bank account data via standardised APIs, ensuring compliance with regulations and simplifying multi-platform aggregation.

Statements Upload

Allows partners to upload financial statements in various formats, extracting transaction details, balances, and metadata for seamless integration.

Web Connector:

The Web Connector, also known as "screen scraping", securely shares login credentials to access the bank's internet banking portal and extract a user's accounts and transactions. While effective, this method can be slow and susceptible to changes in the bank's portal, prompting banks to reinforce security measures.

Open Banking:

Open Banking

The Open Banking access method enables partners to securely access bank account data through standardised APIs. BASIQ ensures compliance with Open Banking regulations, facilitating seamless access to account information, transaction history, and more directly from financial institutions. This method promotes compatibility and simplifies data aggregation across multiple banking platforms, empowering partners to offer comprehensive financial services.

Statements Upload:

User-Friendly

Partners can upload statements in formats such as PDFs or CSV files to the BASIQ platform effortlessly.

Advanced Parsing

Our technology extracts transaction details, account balances, and metadata from uploaded files.

Flexibility

Provides unparalleled flexibility in handling diverse data sources, expediting integration processes.

For further assistance or integration support, please contact our developer team at [email protected].