Best Open finance compliance platform for banks

Banking For the Digital Era

Enhanced digital capabilities are key to meeting today’s customer expectations and building long-term loyalty. With Plumery, you can provide seamless access to all accounts, offer powerful transaction search functionality, and give customers full control over their cards, while delivering insights to support informed financial decisions.

Stay Competitive, Exceed Expectations

• Deliver seamless, personalised, and intuitive digital experiences your customers demand
• Modernise your digital banking channels to stay ahead of the competition and drive rapid innovation

Reduce Costs, Improve Efficiency

• Eliminate outdated systems that rely on manual processes
• Automate repetitive tasks to lower operational costs and enhance service delivery for your customers

Innovate Continuously, Leverage Data

• Adapt swiftly to evolving regulations and market shifts
• Modernise your systems to capture actionable data, enabling personalised offers, deeper customer insights, and better decision-making

Progressive Modernisation: transformation without disruption

Progressive modernisation is an iterative approach to customer-centric design and gradual architectural updates, enabling seamless digital transformation without disruption. By prioritising high-impact, volatile system components, this method accelerates progress and reduces risk compared to traditional big-bang transformations.

• Addresses critical needs
• Balances capital constraints
• Optimises execution risk
• Paves the way for sustained innovation and growth

Streamlined Account Management

Empower your customers with seamless access to all their accounts, offering real-time, accurate account and balance information directly from your core. Enhance account management with features like customisable displays, easy-to-recognise aliases and the ability to close accounts, ensuring a streamlined and user-friendly banking experience.

Convenient Transactions

Empower your customers with Google-like search functionality for quick access to cleansed, enriched, and categorised transactions, enabling seamless tracking and identification of financial operations, complete with printable confirmation reports. Ensure uninterrupted access to transactions by sourcing data from one or more core banking or card management systems in near-real-time, even during system outages.

Seamless Money Transfers

Empower your users to initiate seamless money transfers. Orchestrate payments across one or more cores or payment hubs, offering features like trusted counterparty management, scheduled payments, and bulk payment processing. Enable effortless domestic and international payment initiation, support scheduled payments, standing orders, and trusted payee management.

Effortless Cards Management

Empower individuals and organisations to seamlessly manage their cards throughout their entire lifecycle. From ordering new physical or virtual cards to viewing comprehensive card details and transaction history, customers have full control and convenience. Easily freeze, unfreeze, terminate cards, update labels, adjust security settings, and manage spending limits.

Financial Planning and Management

Offer your customers a comprehensive suite of tools designed to provide a clear view of their financial health. By delivering insights into their income, expenditures, and spending patterns, you can help them build sound financial habits.

• Tracking Balance History
• Spending by Category
• Transactions Turnover
• Spending by Merchants
• Custom Saving Goals
• Automatic Transfers
• Progress Tracking
• Predefined Spending Limits
• Proactive Notifications

Ready to get started?

Let’s accelerate your journey together

Instant access to financial data that drives innovation

Offer personalised experiences and create smarter products with real-time, accurate, and secure financial data pulled directly from thousands of banks using one simple API.

The data advantage your business needs

• Enhance customer onboarding: Link customer bank accounts to pre-fill forms, reducing errors, minimising drop-off, and improving the entire onboarding journey.
• Improve model performance: Optimise your credit risk and affordability models using real-time and historic transaction data.
• Personalise experiences: Improve customer engagement and conversion with personalised products and services.
• Reduce operating costs: Replace slow, manual processes by integrating our simple API.
• Promote financial inclusion: Use open banking data to create fairer and more inclusive financial services.
• Protect your customers: Keep customer financial data safe with PSD2-compliant APIs and strong customer authentication.

Secure and seamless data sharing in just a few clicks

Example: Account aggregation for a personal finance management app.

• Select 'Add account' in the app.
• Select the bank to connect from a list of over 2,000 banks.
• Review account access details before connecting.
• Log into bank app using SCA (e.g., fingerprint or facial recognition).
• Confirm account access in bank app.
• Account is added and user is redirected back to the app.

Data infrastructure built for performance and scale

• Unrivalled data coverage: Connect to over 2,000 banks in 19 countries from a single integration.
• Standardised, consistent data: Yapily normalises all financial data from banks.
• Simple, easy implementation: Integrate and get to production faster with clear documentation and ready-made tools.

Powering innovation across industries

• Accounting and business finance: Match bank statements with real-time transaction data.
• Personal finance management: Aggregate all accounts in one place for spending tracking and budgeting.
• Lending and credit: Assess credit risk and affordability in real-time.
• Banking and EMI: Support KYC processes and reduce fraud with account data.

Explore our Data add-ons

• Data Plus: Automatically categorise transactions and enrich data.
• Validate: Instantly confirm customer identity and account ownership.

Generate revenue, reduce costs and convert with confidence

Accept Pay by Bank or empower your customers with our industry-leading A2A payment solutions — powered by open banking.

Your edge starts with Pay by Bank

• Lower costs: Eliminating intermediaries and running on open banking rails, Pay by Bank cuts processing costs to a fraction of traditional payment methods.
• Grow your business: Deliver a new, in-demand payment solution. Offer conversion-boosting Pay by Bank in 21 markets.
• Expand your solution: Quickly expand your existing Pay by Bank solution to new markets and enhance your resiliency with a trusted, market-leading provider.

Our powerful infrastructure, your winning advantage

• A complete solution: High conversion payment flows. Feature-boosting settlement accounts. Self-service dashboard. Meaningful reporting. All in one powerful solution.
• Unmatched coverage: Reach more payers in more markets. Initiate real-time A2A payments to over 567 million bank accounts in the UK and Europe.
• Flexible licencing: Use our plug-and-play payment flows to go to market faster with licencing as a service (PISP/AISP, UK/Europe).

Convert with confidence

An all-in-one gamechanger

• Customise: Your checkout, your brand. Customise account-to-account payment flows to fit your needs.
• Plug-n-play: Easily embed instant bank payments into any experience, channel or device.
• Verify: Instantly verify bank account ownership for faster, easier KYC — all included as part of our standard Payments product.
• Refund: Reduce your operational burden and costs. Fully automate API-driven instant refunds with UK and EU settlement accounts.
• Payout: Drive user satisfaction with easy, instant payouts and withdrawals to verified bank accounts.
• Grow: See results faster with dedicated consultancy, growth and innovation services.

How does it work?

Users pay or deposit in a few clicks with fingerprint or face ID. In some markets, users can set up Pay by Bank once and pay again with one click.

Seamless meets secure

• Every channel: Quickly and easily launch Pay by Bank for e-commerce, point of sale (POS) or chat, with pay by link and QR.
• Every device: Seamlessly switch from desktop to mobile with QR for faster authentication (fingerprint or face ID).
• Bank-grade security: Every payment is authenticated directly with a bank, with SCA built in to minimise fraud. Never share or store sensitive payment data.

Payments

Send money, collect donations or accept payments instantly, either for your own business or on behalf of your clients. Collect and process funds and payments quickly and easily via multiple financial institutions with just one endpoint.

Quick and Effective

Save on fees and reduce transfer times without compromising on security.

• Cost Effective: Cut fees from direct debits, card processing, and other traditional methods.
• Instant: Funds transferred within 1-15 minutes.
• Secure: Reduce chargebacks and fraud; no credential sharing; no PCI DSS requirements.

The Process

Accepting a payment is as easy as 1 - 2 - 3, all while taking advantage of the security offered by the client’s bank.

• Step 1: Generate a payment request through API or dashboard.
• Step 2: Client authorizes payment with their bank.
• Step 3: Client is redirected to your website and bank processes payment.

Financial Fraud, Purchase Disputes, Chargebacks

Payments are strongly authenticated (SCA). Payments are made directly between banks, reducing disputes and eliminating fraudulent chargebacks.

• Strong Customer Authentication (biometrics)
• Direct bank-to-bank payments
• No intermediary, so no fraudulent chargebacks

QR Code Payments

Checkout flow can be quick and simple with QR codes. Users scan a QR code and confirm payment via their banking app.

• Instant and secure payments via QR code
• No difference in security from desktop online banking

Batch Payments

Send funds to multiple recipients simultaneously. Pay multiple invoices or payroll in the same currency with a single authorization.

• One-off payment to multiple bank accounts
• Recipients paid within minutes

Automated Receipts

Finexer emails payment receipts directly to clients upon successful payment completion.

• Automated email receipts
• Supply client email when creating payment

Payment Links

Send payment request links from dashboard or API. Clients authorize payment using their own bank’s platform.

• Secure payment links
• Quick and simple payment collection

Why use Open Banking?

Open Banking under PSD2 simplifies fund transfers and account connections.

• Reduced fees
• Native bank security
• Quicker access to funds
• Seamless refund process

Peace of Mind

Finexer uses bank grade security and complies with regulatory requirements.

• No PCI DSS or PSD2 compliance required for users
• Finexer handles compliance

Developer Friendly

Flexible and consistent API for customizable and secure solutions.

• API Reference and Documentation available
• Metadata and versioning support

Our Coverage

Send money to any bank account using sort code/account number or IBAN. Currently, only UK banks are supported for payment initiation.

• UK banks supported for payment initiation
• Payments to any bank account (sort code/account number or IBAN)

Start reducing fees and receive funds instantly.

The leading open API platform

The most advanced open API platform in the world. Enables banks and FIs to deliver open APIs for compliance, user experience, and commercialisation.

One platform, endless connections

Comprehensive platform for open banking compliance and ecosystem enablement. Helps banks expose secure open APIs and is the centre of the Market Hub solution.

Why choose the Ozone API Platform?

• Security adherence: FAPI certified, highest global security standards
• Rapid deployment: Simple integration, any cloud environment
• Exceptional performance: Auto-scaling, low footprint, market-leading performance
• Comprehensive functionality: Rich API catalogue, global standards
• Lower cost: Quick setup, ongoing support, lower ownership cost
• Global regulatory compliance: Supports all major standards, ongoing compliance

Supports all global standards

Supports all global open banking standards, providing the richest functionality and guaranteed updates to stay aligned with regulations.

Compliance in weeks not months

Streamlines compliance, mitigates risks, and boosts efficiency. Seamless integration and deployment for any bank on any tech stack.

Best in class performance

Highly efficient code, minimal footprint, auto-scaling, fast and reliable API delivery, low latency, consistent uptime.

Secure to the core

Top-tier security, ISO 27001 and SOC 2 certified, supports all FAPI versions, prioritises security and compliance.

Beyond compliance

Enables new commercial channels, enhanced customer experiences, innovation, API monetisation, and embedded finance.

What’s included in the Ozone API Platform?

Contains everything needed for standards-compliant open banking APIs, ready to integrate quickly.

• Consent Management
• Developer Portal
• Standard-compliant APIs
• Reporting and Billing
• Third Party Management
• Simple Integration

Ozone Connect

Simple integration mechanism with pre-built connectors for rapid implementation and transformation to open APIs.

• Rapid, light touch implementation
• Foundation for global standards
• Pre-built connectors to core banking platforms

Ozone Resource Server

Transforms internal interfaces into standards-compliant open APIs, supports all major standards, ongoing updates, rich API catalogue.

• Supports all major global standards
• Ongoing updates for new standards
• Rich API sets for compliance and premium APIs

Ozone Verify

Automated onboarding and management of TPPs, validation, verification, lifecycle management.

• Automated TPP validation via market directories
• Enhanced lifecycle management (allow/deny lists)

Ozone Authorization Server

Meets or exceeds regulatory security standards, supports FAPI 2.0 and all global FAPI versions, manages consents securely.

• Supports FAPI 2.0 and all global FAPI versions
• Secure consent management
• Authorised data disclosure and payment initiation

Ozone Developer Portal

Delivers a great developer experience with documentation, tools, sample code, and branding flexibility.

• Rich documentation and specifications
• Tools and sample code for TPPs
• Branding flexibility

Ozone Admin Portal

Tools for effective API channel management, reporting, billing, and admin management.

• Comprehensive reporting suite
• Billing reporting
• Simple admin management

Ozone Consent Manager

Fine-grained, end-to-end consent management, tools for embedding and managing user consent, supports regulatory and premium use cases.

• Fine-grained consent management
• Tools for embedding consent experience
• Supports regulatory and premium use cases

Ozone Consent App

Optional app for secure authentication and consent management, iOS/Android, biometric SCA, flexible deployment and branding.

• Available for iOS and Android
• Biometric-based SCA and consent management
• Flexible deployment and branding

Sandbox, pre-production and production environments

Sandbox for TPP and fintech testing, replicates production APIs with synthetic data, included in all contracts.

• Direct replica of production APIs
• Life-like synthetic data
• Third-party app testing for compliance
• Sandbox licensing included as standard

Deployment Options

SaaS, software only (on-premise), and API Market Hub for market-wide deployments.

• SaaS: global, white-label, rapid updates
• Software only: on-premise, tailored, customisable
• API Market Hub: for central banks and market enablers

Enhanced Support Options

24/7 TPP support, 24/7 service desk, regulatory support and guidance.

• 24/7 TPP Support
• 24/7 Service Desk
• Regulatory support and guidance