Microservice for account aggregation will be ready within this month
Open Hub's new Microservice for Account Aggregation provides account aggregation through external aggregators taking care of the entire process from connection to automatic feeding. Plaid has been chosen for the US market and a partnership has been agreed upon, and Neos will handle the needs of the EU market, where PSD2 regulates this function.
NEOS, is a CRIF Digital solution that allows you to connect to Xs2A from PFM & BFM and download current account data, compliant with SCA, directly from those applications. With its easy-to-use widget, you can get a smooth and friendly user experience throughout the authentication and aggregation process.
Furthermore, Open Hub will go beyond Invoices and Bills and aggregate other types of data managed in accounting platforms (Sage, Xero and Quickbooks). This can be done leveraging the same integration that is already in place and it will give our SMEs a more accurate view of their finances.
Read more about our Open Hub solution and all the sources that can be aggregated on our website.