October 22, 2026
Businesses rely on verifiable data to make decisions. However, traditional methods of collecting financial data remain time-consuming and administratively demanding. Financial verification often relies on historical data and customer-submitted documentation. While these sources can be useful, they do not always reflect an individual’s current financial situation.
FLIQA enables a more advanced approach using financial data.
FLIQA’s Account Information Service (AIS) provides more efficient access to fresh data. With users’ explicit consent, it allows businesses to access information directly from their bank accounts and gain a more up-to-date view of their financial situation.
Through secure connections to banks, FLIQA provides access to financial information such as bank account details, transaction history, and incoming and outgoing payments. Instead of relying solely on customer-submitted documentation, businesses can obtain financial data directly from banking sources.
The retrieved data is then structured, categorised, and analysed, providing a clearer insight into an individual’s financial situation and behaviour.
By accessing banking data, businesses can gain insights into their customers’ income, spending patterns, and financial commitments. This enables them to verify financial information more easily, understand cash flow patterns, assess financial risk and make decisions based on customers’ actual financial activity.