FINcredible accesses account data based on PSD2, Open Banking, and Open Finance — regulated, standardized, and available across Europe.
About This Technology
Account data can no longer be retrieved using login credentials or screen scraping — only through regulated, standardized interfaces. This is exactly where FINcredible comes in, with direct, verified access that makes account data usable in real time for KYC, AML, and credit risk processes across Europe.
PSD2: The Legal Basis for Account Access
PSD2 governs third-party access to payment accounts, based on the account holder’s explicit consent. It forms the legal foundation for FINcredible’s account data access across Europe.
Open Banking: Real-Time Account Data
Open Banking standardizes data exchange between banks and third-party providers through open APIs. FINcredible retrieves account data directly and in real time via these interfaces.
Open Finance: Beyond Account Data
Beyond account data, FINcredible combines creditworthiness, identity, and communication data on a single platform — providing a holistic view of the end customer instead of isolated queries from separate sources.
More Case Studies
Check out our case studies.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vulputate libero et velit interdum, ac aliquet odio mattis. Class aptent taciti sociosqu ad litora torquent per.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vulputate libero et velit interdum, ac aliquet odio mattis. Class aptent taciti sociosqu ad litora torquent per.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vulputate libero et velit interdum, ac aliquet odio mattis. Class aptent taciti sociosqu ad litora torquent per.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vulputate libero et velit interdum, ac aliquet odio mattis. Class aptent taciti sociosqu ad litora torquent per.
Ready to Secure Your Business. Contact Us Today & Scale Your Growth
Our results in numbers
#1
Austria's First Regulated Account Information Service Provider
Licensed under ZaDiG 2018 since March 6, 2020 — setting the pace on regulation and innovation ever since.
0
+
Countries
EU, UK and Switzerland, extendable to the countries of your choice.
0
%
EU-wide account coverage
Varies by country.
0
+
Scientific publications
In finance, optimization, data science, and applied statistics.
0
+
Consulting projects
Data science & finance for banks and financial service providers.
PSD2 & Legal Basis
Open Banking & How It Works
Open Finance & Data Scope
Does FINcredible require the account holder's consent for account access?
Yes. Access to account data only takes place based on the account holder’s explicit consent, as required under PSD2. No data access occurs without this consent.
Does FINcredible's PSD2 access apply across Europe?
Yes, PSD2 is regulated consistently across the EU. FINcredible relies on this legal basis for account data access across all covered European markets — from EU member states to countries such as the UK, Norway, and Turkey.
How does FINcredible's account access differ from traditional screen scraping?
FINcredible accesses account data directly through standardized Open Banking interfaces — without processing the user’s login credentials or automatically reading bank portals. This approach is both more secure and regulatory-compliant.
How up to date is the account data retrieved through FINcredible?
Account data is retrieved in real time via the Open Banking interface. This means it reflects the current account balance and most recent transactions at the time of the request, not historical statements.
What's the difference between Open Finance and Open Banking at FINcredible?
Open Banking refers to access to pure account data. FINcredible’s Open Finance approach expands on this by including creditworthiness, identity, and communication data — for a broader, more complete view of the end customer.
Does FINcredible's account transaction analysis replace a KSV1870 or Schufa check?
No. FINcredible’s account transaction analysis complements existing KSV1870 or Schufa data with an additional perspective based on actual account activity. Both data sources can be used together, and the final creditworthiness decision always remains with the customer.
Testimonials
See what our clients say about working with us.
5/5
“FINcredible demonstrates what responsible handling of user data protection can look like. For the founders, data privacy is a top priority.”
Philipp Kinsky, Partner, HERBST KINSKY Rechtsanwälte GmbH
5/5
“FINcredible has an enormously strong team. With their product ‘FINcredible MietCheck’ and their focused market approach, this FinTech company has extraordinary potential.”
Patrick Pöschl, Chairman, Fintech Austria
5/5
“ImmoScout24 continuously improves its service for property seekers. The partnership with FINcredible for creditworthiness checks helps future tenants present themselves competently and credibly to landlords, while protecting their data far better than has traditionally been common practice.”
Markus Dejmek, Austria Country Manager, ImmoScout24
5/5
“Currently, willhaben lists more than 20,000 rental apartments and over 1,300 houses for rent. Once someone has found their dream property with us, they often have very little time to stand out against other prospective tenants. That’s why we’re glad to have FINcredible as a partner at our side, making the property search even easier for our users while placing just as much value on security and data protection as we do.”
Judith Kössner, Head of Real Estate, willhaben
5/5
“We wanted to close the gap between modern property management and well-founded tenant decisions. With FINcredible, we’re integrating a solution that creates transparency and supports owners in one of the most important decisions in the rental process.”
Laurens Pohl, CEO, ImmoAssist
5/5
“Our goal is to make financing as simple as possible, without losing sight of responsibility or reliability.”
Herbert Hirscher, CEO, Mercedes-Benz Financial Services Austria
5/5
“With this modern solution, which we are initially testing in the Diocese of St. Pölten and then plan to roll out across Austria, we are creating a win-win situation: more efficient processes for us, the highest security for our donors, and an active contribution to environmental protection.”
Christoph Riedl, Secretary General, Caritas St. Pölten
Ready for a broader, legally sound basis for your decisions?
Fill in the form and you will receive an answer as soon as possible.
Our team of experts is ready to answer your questions, give you more info and help you.
