Bank aggregation automatically collects financial information from bank accounts, bank cards and bank records from different institutions, collects it in one place and makes it available to other systems. It makes it possible to easily display financial data from different bank accounts and institutions in one place.

This technology has many applications, such as credit-oriented risk analysis, financial scoring or the possibility of facilitating accounting for companies by bringing together data from all their accounts in one place.

The data can be displayed in a variety of ways: as JSON arrays that can be read and used by other applications or as spreadsheets for manual analysis, accounting and other tasks.

For this, we will use our aggregation widget, which is a tool that allows us to carry out this process quickly and easily. This process can be unique or recurring. The widget can be rendered in any website or APP that allows customers to login into their banks (also available multi-bank option).

OneShot Aggregation

Single read which will read the account only once and the results are returned to the destination configured in the webhooks available.

Recurrent Aggregation

Tokenization allows saving the customer's bank credentials with a token which enables recurring aggregation using the token created. The token is using a secure methodology endorsed by the European Commission. Recurrent Aggregation can be triggered when desired. The end customer will provide the source connection credentials, which are tokenized by UNNAX and stored securely. Then the merchant can perform the reads when needed.