Get quick and easy access to consumer bank account data by consent.
Cloud-based
platform that runs open banking!
All around the world, financial institutions are
being introduced to the open banking movement. Authorities are introducing data and financial regulations that give authorised third-party providers (TPPs) the rights to retrieve financial data, initiate payments, and even provision financial services on behalf of their customers (with consent).
Open banking is about enabling choice, competition and innovation by democratising access to the data and services.
Loanitt Limited, which was granted its European Open Banking Licence in November 2021, has established Kyiper to develop innovative Open Banking solutions catering to a range of industries.
Open Banking is a big deal, with wide implications – yet it still feels like the best-kept secret within financial services. It’s about an imminent, seismic shift in the world of banking .
Open Banking is a global movement and Canada is no exception as presented by Michelle Beyo (CEO & Founder, Finavator) at Cyber Tech & Risk – virtual event on April 15, 2021
Traditionally the availability and analysis of financial and transactional data has always been restricted to banking institutions. With the introduction of Open Banking regulation across Europe, in a digital economy dominated by ecosystems and platforms every industry is moving to integrate and avail of this data where possible for any critical financial decision
We provide a best-in-class platform that enables any business to quickly, easily and securely access consumer banking data across any bank in Europe and world.
Open banking is a regulation that provides third-party financial service providers access to consumer banking, transaction, and other financial data from banks and non-bank financial institutions through the use of application programming interfaces (APIs).
We abstract away the integration complexity and provide a simple API that can be used to access consumer bank data in any bank in Europe
We offer data-refinement services that clean up, normalise and categorise the data so that it can be easily analysed and used.
If you want to offer customers access to their data from any bank in Europe, you’ll want broader coverage. This usually also means more sophisticated technology, better quality and higher reliability.
The availability of a platform makes a huge difference we support an average uptime above 99.9% for business-critical services.
We provide SLA agreements, on-call support, roadmaps, beta testing, custom deployments and configuration, as well as ISO certification
All around the world, financial institutions are
being introduced to the open banking movement. Authorities are introducing data and financial regulations that give authorised third-party providers (TPPs) the rights to retrieve financial data, initiate payments, and even provision financial services on behalf of their customers (with consent).
The new regulation, which progressively began entering into force between January 13, 2018 and September 14, 2019, entails fundamental changes in the industry as it gives third parties access to bank infrastructure.
Each applicant seeking authorisation as a Payment Institution or registration as an Account Information Service Provider must satisfy the Central Bank that it can meet the authorisation/registration standards set out in the PSR. The application process can be relatively onerous as the Central Bank adopts a robust, structured and risk-based process that seeks to ensure that only those applicants and their connected Senior Management Team that demonstrate compliance with these authorisation requirements are authorised.
Kyiper is built on cloud first technology stack. The system is designed to allow rapid integration across multiple banks globally.
Registered as an Account Information Service Provider by the Central Bank of Ireland. This is a European wide licence which authorises holders of the licence to provide Open Banking Activities across the European Economic Area (EEA).
We are just the 4th Institution to be granted this licence in all of Ireland and this is an exciting step forward for the company which will provide a lot of new opportunities.
Kyiper has completed integrations into Bank Of Ireland, Allied Irish Bank, Permanent TSB, Revolut and Ulster Bank.
The Kyiper engineering team are currently working hard to deliver the best-in-class developer portal which will enable a company the fastest and easiest way to integrate an Open Banking solution into its service.
By May 2022 the Kyiper Team will have extended its access to all Major banks across Europe.
Previously Chief Financial Officer for TransferMate, a Globally regulated Fintech. Helped scale the business from 140 staff to 400 and led several funding rounds. Prior to this he spent 4 years with Bank of America Merrill Lynch
Consumer Credit expert with an MSc in Computational Finance and 10 years’ International Senior Management experience in Risk Analytics & Credit strategy with Tier 1 Banks such as Barclays, Bank of America and AIB.
Analytics and Portfolio Risk Management expert with an MSc in Computational Finance and 5 years’ international experience in Portfolio Credit Risk Management and Foreign Exchange Trading with Barclays Investment Bank and AFEX.
Over 17 years experience in developing disruptive solutions in the Enterprise Banking and Financial Services sector working with leading international banks, previously Global Head of App Development at Citibank.
Compliance Expert with 11 years’ experience at the Central Bank of Ireland in Banking, Compliance Management, Anti Money Laundering, and Data Protection. Previously Global Head of Compliance for Transfermate Global Payments for 4 years, operating in over 160 countries.
Extensive financial services experience in Ireland, UK and other European financial markets in the area of Board advisory and advised Central Banks, Public Sector and Banking institutions. Recent positions include chairman of Revolut Europe and Truelayer.
