Use cases
Akoya products can be combined to help facilitate several use cases across financial services. From budgeting and investment management tools to money movement and credit enhancements, Akoya can service many of your fintech needs.
Akoya products include Account info, Balances, Investments, Payments, Transactions, Customers, and Statements. These products allow you to retrieve the data you need for your use case as illustrated below.
Account opening
Enable instant account opening and funding without micro-deposits.
Akoya products used:
- Balances
- Payments
- Customers
Related sub use cases and documentation
Link an account and give consent without screen scraping.
This is a basic Akoya API function and does not require a specific product.
Retrieve consumer information directly from the financial institution to validate account ownership.
Akoya product used:
- Customers
Verify the account number and routing number retrieved from the end-user.
Akoya product used:
- Payments
Business financial management
Offer businesses the ability to aggregate their financial accounts in one place.
Akoya products used:
- Balances
- Transactions
- Statements
Provide users the ability to aggregate their financial accounts in one place.
Akoya products used:
- Balances
- Transactions
Lending & credit enhancement
Access bank or brokerage data to better inform lending decisions.
Akoya products used:
- Balances
- Transactions
- Customers
- Statements
Payment enablement
Authorize account-to-account or person-to-person payments with instant account authentication. This is not a payment initiation request.
Akoya products used:
- Balances
- Payments
- Customers
Wealth management & investing
Give users and/or financial advisors the ability to collate investments, assets, and other held-away account information for one sweeping financial picture.
Akoya products used:
- Balances
- Transactions
- Investments
Need help?
Check out our Developer Community, or visit the Support Center in the Data Recipient Hub.
Looking for provider nuance documentation?
All provider nuance documentation is available in the Data providers section in the Data Recipient Hub.
Still stuck?
For all production issues, submit a support ticket through the Data Recipient Hub. Our support team is standing by 24/7. Questions and non-production issues will be answered during business hours.
Updated 9 months ago