Cookies

This website uses cookies for proper functioning of all its tools and features. To know more about cookies, read our Privacy policy

I accept cookies from this website

Hide

APIHub

A clean API interface

APIHub is a comprehensive solution that connects you to a wide range of financial services from different providers, without the hassle and complexity of integrating separate APIs. It gathers offers of multiple banks, insurance companies and brokerage firms and brings it together as data to implement in your app.

With APIHub, it is possible to:

strzalkaread the bank data

strzalkaanalyze financial sources, initiate transfers

strzalkaget answers to your questions about clients

strzalkaaggregate finance sources into one customer experience

strzalkaanalyze transactions


With actionable financial data delivered via API companies can analyze the customers’ financial behavior to serve them better. End customers of banqUp clients can receive personalized product recommendations tailored not only to their preferences but also to financial situation. Also, companies can enrich the offer with financial services, hints on better finance management and any service they can dream of!


BanqUP not only provides financial data, but can also analyze them for the client - providing answers to specific questions, like “Can the customer afford the company services?”, or “Does the customer have good credit score” with banking data used as a source similar to BIG or social media.

apihubimg

APIHub

A developer's tool

Developers are already facing fragmentation at this early stage of PSD2 XS2A implementation in the EU. They already have to manage the complexity of dealing with dozens of variations in:

  • TPP onboarding processes by ASPSPs
  • The ASPSP’s APIs’ granularity
  • HTTP verbs and status codes
  • Error handling
  • The execution workflows
  • The ASPSPs’ implementation of the three authentication models
  • The pagination models (e.g. in list of account transactions)
  • Etc…

APIHub - A tool for a Third Party Provider (TPP)

With PSD2 and APIs delivered by financial institutions the financial services can be delivered by any company with a Third Party Provider status. That comes with multiple new possibilities for any company willing to offer more flexible payments and better suited services.

What is APIHUB

What is APIHub

APIHub is an API on top of many different APIs provided by financial institutions. Its main objective is to provide TPPs developers with a single, unified point of implementation, regardless of the specificities of the downstream interfaces. No two interfaces are built the same in the current open banking ecosystem but with APIHub it is not an issue anymore.

How can your company benefit from APIHub?

If your company has TPP status:

  • we offer APIHub as-a-service with pure pay-as-you-go cost model
  • for client-specific requirements, we can provide APIHub on-premise installation.

If your company doesn’t have TPP status:

  • offer your customers added value on the basis of account data, also under PSD2 - The APIHub makes it possible to provide your service without your own license based on our TPP-as-a-service model. You can focus on the essentials – providing the best service to your customers. Put your resources where they bring you the most value and leave the regulatory compliance to us.

Benefits

of using APIHub

ikony 03

ONE SAFE INTERFACE TO ACCESS MULTIPLE BANKS

ikony 01

EASY ADDITION OF NEW DATA SOURCES

ikony 04

TPP LEVEL ACCESS TO PAYMENT SERVICE PROVIDERS IN ALL EU UNDER ONE PLATFORM

ikony 05

MINIMIZATION OF TIME REQUIRED TO ENTER THE MARKET TO MAKE YOUR OFFER STAND OUT

ikony 02

ACCESS TO THE FINTECH ECOSYSTEM TO SPEED UP ESTABLISHING RELATIONSHIPS

CONTACT

Headquarter in Belgium
Proudly developed in Poland

 

E-mail: contact@banqup.com

 

Find us: 

SM inSM FSM twet

ABOUT US

BanqUP is an API-driven platform for open banking solutions, allowing for banks and fintech companies to access a number of European banking APIs.
BanqUP helps TPPs and banks quickly access open banking ecosystem and analyze banking data, allowing them to create bold and innovative solutions, as well as cross-sell and up-sell their existing product.

Copyright 2019 © banqup.com