@bogomep banks are required to provide access to whole transaction history with no limitations. Some banks have limited it to 90 days for now as they are building out their API frameworks but we expect those limitations to disappear in most cases by the end of this year
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Well done @rolands_mesters and team! Been following your journey for a while now and the speed you connect to new banks is fantastic. Are you also planning to move into the payment initiation space at some point?
Hi everyone, we're excited to share Nordigen with the Product Hunt community.
We started building our free open banking API ten months ago to democratise access to user-consented data. We believe developers and builders should be able to access open banking data without paying crazy fees. Building great fintech apps is already hard. We wanted to make it a little less painful.
In the background, we have our own AISP licence which allows us to connect to bank APIs in 31 European countries. We're now integrated with over 900 banks in UK, Nordics, Germany, Spain, Portugal and more. We're able to keep our open banking data API free by offering Premium data analytics products to a few power-users of our API.
We'd love to hear your feedback.
Wow this looks great. I am CPO at a credit bureau in Germany, so we will certainly take a closer look. This could be just what we have been looking for.
The more I read about open banking, the more I find it interesting! Information about bank accounts is definitely a touchy subject and I feel like you guys will bring it positive changes :) Congrats for the launch!
@jaysurovy most definitely it can be used to verify transactions. Transaction verification is commonly used in applications like CO2 tracking, loyalty programs or cross referencing POS transactions with account transactions to enrich account information with merchant details. By driving the price down to 0 we have seen a lot of innovation on how account information is used for different application including transaction verification.
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