Cloud-First Data Modernization to Enable AI-Driven Risk Insights
Online-Only Bank
This Open Banking platform provides access to enriched PSD2 data and personalized financial insights. It allows businesses to enhance their financial services by offering users a unified view of their accounts and spending habits.
With its API-driven approach, the platform ensures seamless integration with third-party applications, fostering innovation in the fintech sector. It enables companies to build innovative services on PSD2, offering customers a comprehensive financial overview.
Open Banking Needs
The initiative aimed to develop a secure and efficient personal finance application that allows users to link their bank accounts and gain real-time insights into their income, expenses, and available financial capacity.
With the rise of Open Banking, financial service providers face increasing challenges in ensuring compliance, security, and user-friendly experiences. To stay ahead, the platform needed a robust and scalable application that would seamlessly integrate with its native SDKs while adhering to high-security standards.
Secure PSD2 Delivery
Moqod, a daughter company of Opinov8, developed a compliant, real-time fintech solution by combining frontend precision, backend efficiency, and PSD2 expertise.
Frontend and Backend-for-Frontend Development
Moqod was responsible for the frontend development and a specialized backend-for-frontend system.
This structure ensured smooth communication between the mobile app and core financial data, improving user experience and system efficiency.
PSD2 Functionality Implementation
By leveraging the platform's SDKs, Moqod enabled the rapid development of an enterprise-grade application with full PSD2 functionality.
This allowed users to securely connect their bank accounts, providing real-time financial insights.
Security and Compliance
Given the sensitivity of financial data, the app was built to meet high security and compliance standards.
AWS-based microservices and serverless services were utilized to ensure reliability and scalability.
This secure finance app empowers users with real-time insights, financial clarity, and seamless account aggregation — all while meeting the highest standards
of data protection and regulatory compliance.
Real-Time Financial Insights
Users get instant visibility into income, expenses, and available funds across accounts.
Seamless User Experience
The app’s architecture ensures smooth integration and intuitive navigation.
Bank-Level Security
Robust data protection and compliance safeguard sensitive financial information.
Scalable Architecture
Built on microservices and serverless infrastructure to support future growth and features.
