Fiskil provides secure data-sharing solutions for financial institutions to comply with Section 1033 Open Banking regulations, enabling efficient management of consumer consent and data access. Their platform streamlines API integration and ensures continuous regulatory compliance, allowing institutions to focus on core operations while maintaining robust security and performance.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face challenges in complying with Section 1033 Open Banking regulations, which grant consumers greater control over their financial data and impose new technical and procedural obligations. Implementing secure data-sharing interfaces, managing complex consumer consent processes, and adhering to evolving technical standards add to the complexity. Ensuring continuous regulatory compliance and handling third-party onboarding and risk assessments further strain resources.
Solution
Fiskil provides a secure and compliant data-sharing solution tailored for financial institutions navigating Section 1033 Open Banking regulations. The platform streamlines API integration, manages consumer consent through APIs, customizable UI components, consent dashboards, and administrator portals, and ensures continuous regulatory compliance. It offers scalable data sharing infrastructure, robust enterprise support, and financial-grade authorization adhering to FAPI 2.0 standards. Fiskil enables financial institutions to deliver industry-aligned data sharing solutions, improve performance, enhance user experience, and drive customer engagement.
Target Audience
Fiskil primarily targets financial institutions needing to comply with Section 1033 Open Banking regulations, including banks, credit unions, and other financial service providers.
Features
- Managed infrastructure for scalable data sharing with zero overhead
- Clear guidelines for teams of any size to validate API integration
- Continuous compliance management to stay up-to-date with changing industry standards
- Round-the-clock support and enterprise-grade security features
- Metrics dashboard providing insights into performance, data usage, conversion, latency, and uptime
- Secure sharing for business, joint, and trust accounts with robust permission controls
- Consent management through APIs, customizable UI components, consent dashboards, and administrator portals
- Financial-grade authorization compliant with FAPI 2.0 standards
- Streamlined product listing, sharing, and management for secure data sharing
- Built-in regulatory reporting requirement processes