Services / Valid8 Banking Data
Open Banking and digital bank statement data and insights
Securely access client bank statement data through Valid8's Open Banking tools, designed to support financial assessments and reduce reliance on manual document collection, supporting informed decision-making.
Simply send your client a secure authorisation link, allowing them to safely connect their online banking and share verified financial data in minutes.
Our platform automatically transforms complex transaction data into clear, easy-to-understand income and expenditure reports, helping businesses make faster, more informed decisions.
Capabilities
What's included.
Secure Open Banking connectivity
01Digital bank statement retrieval
02Fast client consent and authorisation journeys
03Verified income and expenditure analysis
04Automated categorisation of transactions
05Clear affordability assessment reporting
06Income trend and spending pattern insights
07Reduced manual document handling
08Secure and compliant data processing
09API integration and workflow automation options
10Outcome
Designed for smarter financial assessments and source of funds.
Valid8 helps businesses streamline affordability checks, financial reviews, and client onboarding through secure access to real-time banking data.
Whether you are assessing affordability, verifying income, supporting financial advice processes, or reviewing expenditure patterns, our Open Banking solution provides fast and reliable financial insights without the administrative burden of manual statement reviews.
Client journey
Faster, simpler client experiences.
Clients can securely share their banking data directly from their online banking provider without uploading statements or paperwork, creating a smoother and more efficient onboarding process for both businesses and clients alike.