Fintable Integrates with Akoya to Enable Secure Access to Major U.S. Financial Institutions
(Toronto, November 1, 2023) - Fintable, the spreadsheet accounting platform, is thrilled to announce its technical integration with Akoya, the API-only financial data aggregation network for the consumer-permissioned sharing of data.
This groundbreaking collaboration facilitates reliable data connections to more than 4,000 financial institutions, including small to medium sized banks and credit unions, and data aggregators that are working with Akoya.
At Fintable, we've learned that consumers are constantly seeking more reliable and secure methods to extract and analyze their financial data," stated Isa Hasenko, CEO at Fintable. "Our partnership with Akoya marks a significant advancement in fulfilling this need, setting us apart from legacy fintech products.
A Leap Forward in Data Security
This partnership marks a significant advancement in financial data security. Differing from other data aggregators, Akoya exclusively uses OAuth API connections to access consumer consented data that does not rely on consumers sharing any login credentials with third parties outside of their bank or financial institution.
Our data recipient partnership with Fintable will give consumers more choice and visibility into where and how their data is being used,” said Ted Anastasi, Growth Lead at Akoya. “Akoya’s model allows for consumers to provide explicit consent to share data, along with the ability to easily monitor sharing and revoke consent at any time. We believe that only consumers control access to their data, no one else.
Expanded Integrations and Product Capabilities
Akoya is an open data network and integrates directly via API with major U.S. financial institutions, mid-sized banks, credit unions and other data aggregators including Bank of America, Fidelity, Fiserv, J.P. Morgan Chase, U.S. Bank, Wells Fargo, and Jack Henry & Associates, and Envestnet | Yodlee. Thanks to Akoya, Fintable now supports more reliable and data-rich integrations with this wide network of data providers.
A Shared Vision for Innovation and Security
Fintable and Akoya are united in their vision of innovation, security, and trust in the open banking sector. This partnership underscores their dedication to delivering state-of-the-art secure, scalable and reliable solutions that prioritize consumer privacy and data security.
Fintable is a spreadsheet accounting platform specializing in syncing bank accounts to Airtable and other accounting tools. It offers real-time financial connections, integrating with over 15,000 banks and financial institutions across 39 countries.
Akoya is transforming the way consumer financial data is accessed and shared. Akoya’s 100% API-connected data access network ensures that consumers never share login credentials (e.g., username and password) with any third-party application, making for a better more reliable consumer experience. Our model allows for consumers to provide explicit consent to share data with each third-party app, along with the ability to easily monitor sharing and revoke consent at any time. With architecture built on the most secure and scalable microservices services, we uphold the highest security and performance benchmarks in the industry. An open network, Akoya is partnering with more than 4,000 financial institutions, including small to medium sized banks and credit unions, aggregators and fintechs. Visit www.akoya.com to learn more about our API-only network that offers security, transparency, and scale.