Serve your accounts to third parties with consent.
Next. Open banking is built and on its way to Live. Tell us if you need it, and we'll tell you honestly when it will be ready for you.
Your customers want to use their accounts with you inside other apps: a budgeting tool that reads transactions, a lender that confirms income, a merchant that takes payment straight from the account.
Open banking on Bridge will let you serve those apps with the customer's consent: account information, payment initiation, variable recurring payments and confirmation of funds, with dynamic client registration for the apps themselves.
It serves your accounts to others. It does not aggregate other banks' accounts for you.
Third-party apps will register their software and get credentials through dynamic client registration.
They'll see exactly what the app wants, for how long, and approve it in your app.
Within the consent: accounts, transactions, a payment, or a yes or no on funds.
Consents will be withdrawable at any time, and the app's access will end at once.
Balances and transactions within the consent window.
An app will start a payment the customer approves.
Payments within limits the customer set once.
A yes or no, without showing the balance.
Apps will register themselves, without email back and forth.
Customers will see every app with access and be able to end it.
Illustrative businesses, not customers. Figures are made up to show the flow.
A microfinance bank in Lagos · Banks, MFBs & PSBs
Lenders ask the bank's customers for six months of statements as PDFs, which are easy to fake and slow to check.
Customers will get loans faster, and the lender will read statements that can't be edited.
An online store in Abuja · Merchants & e-commerce
Customers of the bank want to pay the store directly from their account, without typing card details.
Customers will pay from their account in two taps.
A gym chain in Lagos · Merchants & e-commerce
Members' cards expire and monthly payments fail. Members would rather pay from their account within a limit.
Monthly payments that won't fail because a card expired.
Not yet. It is built and on its way to Live; tell us if you need it.
No. It serves your accounts to apps your customers choose. It does not aggregate other banks.
No. It carries no conformance certification.
We'll come back with what's live for you today, and what's next.
Bridge