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What is Banfico?

Banfico emerges as a trusted source of open banking technology, offering a diverse array of scalable, secure, and regulation-compliant solutions tailored for both banks and fintech organizations. Our specialized open banking API is built in accordance with Financial Grade API (FAPI) standards and is designed to work seamlessly with key global frameworks such as Open Banking UK, Berlin Group, and STET. This powerful enterprise-grade API emphasizes customer identity verification, authentication, and security, enabling easy integration with core banking systems while delivering extensive functionalities like customer authentication and consent management. In addition, the OB Directory functions as a compliant repository of standardized information on active regulated entities, linking to all National Competent Authority (NCA) registers and the European Banking Authority (EBA), with real-time updates occurring every two hours. Also, the Modified Customer Interface (MCI) provided by Banfico guarantees a secure interface that complies with Open Banking and GDPR regulations, enabling banks to promptly and effectively satisfy compliance mandates while minimizing their costs. This multifaceted strategy not only aids financial institutions in addressing the challenges of open banking but also reinforces Banfico's role as an indispensable ally in this evolving landscape. Ultimately, our commitment to innovation and compliance ensures that our clients can thrive in a competitive market.

What is Aritma?

Aritma is a cutting-edge fintech platform aimed at simplifying complex financial tasks by linking banks, ERP systems, and payment service providers through flexible APIs and ready-made solutions that improve corporate finance operations, reduce manual labor, and increase accuracy. Functioning as a central API hub, its Open Finance Platform effortlessly merges banking data, accounting software, and commerce/payment gateways, enabling secure, real-time access to transaction information, account balances, receivables, and payment initiation all through a single, intuitive interface with extensive connectivity to over 250 banks and top ERP systems in the Nordic region. Among its various features, Aritma Control delivers real-time automated reconciliation, guaranteeing that bank transactions match ledger entries, pinpointing discrepancies, accelerating month-end closings, and supporting multi-company operations; concurrently, Aritma Pay specializes in optimizing payment processing across different accounts and banks while accommodating modern financial formats such as ISO 20022. This all-encompassing suite not only enhances operational efficiency but also allows businesses to oversee their financial activities with improved accuracy and reduced effort. By harnessing innovative technology, Aritma seeks to revolutionize the financial landscape for companies operating in an ever-changing market, ultimately fostering a more streamlined approach to financial management. Companies that adopt Aritma stand to benefit significantly from its comprehensive solutions tailored to meet the demands of contemporary financial environments.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Banfico

Date Founded

2017

Company Location

United Kingdom

Company Website

www.banfico.com

Company Facts

Organization Name

Aritma

Date Founded

1990

Company Location

Norway

Company Website

www.aritma.com

Categories and Features

Categories and Features

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