Banking API — Fintech
Instant Bank Account Verification API
Verify bank account ownership instantly with real banking data. Eliminate micro-deposits and fraud with instant account verification across 200+ banks, lenders and energy providers across Australia and New Zealand.
Traditional account verification using micro-deposits takes 2-3 days and creates friction. Fiskil enables instant account ownership verification by accessing real account data through CDR.
The Challenge
Micro-deposit verification delays onboarding, creates drop-off, and is vulnerable to fraud.
The Solution
Verify account ownership in seconds by confirming the user has access to their bank account through secure CDR authentication.
Capabilities
How Fiskil Helps
Instant Verification
Confirm account ownership in seconds, not days, through authenticated bank access.
Account Details Validation
Verify BSB, account number, and account holder name match user-provided details.
Fraud Prevention
Confirm genuine account ownership by requiring authentication with the bank.
Account Status Check
Verify account is active, not closed, and capable of receiving payments.
Implementation
How It Works
User Provides Account Details
User enters their BSB and account number during onboarding or payment setup.
Initiate Bank Authentication
User authenticates with their bank through Fiskil's secure CDR consent flow.
Verify Account Details
API confirms the authenticated account matches the provided BSB and account number.
Complete Onboarding
Account verified instantly - user can immediately begin using your service.
In Practice
How Teams Use This
Payroll Platform
A payroll app verifies employee bank accounts instantly during onboarding.
Reduced onboarding time from 3 days to 3 minutes, increasing completion rate by 45%.
Marketplace Payment System
A gig economy platform verifies seller bank accounts before enabling payouts.
Eliminated payout fraud saving $2M annually in fraudulent payment recovery.
Investment App
An investment platform verifies bank accounts for ACH transfers and withdrawals.
Same-day account verification enabled, improving user activation by 60%.
Technical Details
What You Integrate With
API endpoints
POST /account-verification/initiateGET /account-verification/{verificationId}/statusPOST /account-verification/validateGET /accounts/{accountId}/verification-details
Data returned
BSB number
Account number
Account holder name
Account type
Account status
Verification timestamp
Authorisation
OAuth 2.0 / CDR consent
Real-time data access.
Ready to get started?
Get your API keys today and start building with Fiskil's Banking API.
FAQs
Related Use Cases
Fintech
Balance Checking
Verify account balances in real-time before processing transactions. Prevent failed payments and NSF fees with instant balance checks across Australian banks.
Lending
Fraud Detection
Detect fraudulent loan applications using real-time banking data analysis. Identify suspicious patterns, synthetic identities, and application fraud before approving loans.
Neobanks
Instant Onboarding
Onboard customers instantly using banking data verification. Verify identity, income, and account ownership in seconds instead of days.
Get started today
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