finAPI access-to-account Kontoblick for betting limit increase up to €30,000

With the ‘insic Update’ series of articles, we give you a complete overview of the software required to implement the compliance requirements of German and European regulation.

You can find all articles in this series on our multilingual overview page.

finAPI access-to-account Kontoblick for a data protection-compliant increase of the betting limit up to €30,000

Increase your Monthly Deposit Limit with finAPI Access-to-Account, in accordance with GlüStV, up to €30,000!

After selecting the service, the account holder is redirected to their bank client interface on the finAPI website. There, the user enters their online banking credentials and confirms the login using two-factor authentication via their banks app. In the background, banking transactions from the past 90 days are securely recorded, aggregated and transmitted to our systems. Up to 20% of the account holders income from the last 90 days can be set as the deposit limit, in compliance with regulatory requirements.

The finAPI Access-to-Account service is accepted by the GGL and regulated by BaFin. It can be integrated into your platform as both primary or secondary service within the widget. This service also acts as an alternative to the SCHUFA G-Credit Check.

The transactions are settled directly via insic.

Your benefits:

• Increase deposit limit up to €30,000
• Alternative procedure to the SCHUFA G-Auskunft Credit Check
• Seamless web service and widget integration
• Regulated by BaFin, offering one of the most widely-used PSD2 XS2A interfaces
• Secure access to account and transaction data

Book our finAPI Access-to-Account Service today, and allow your users to make monthly deposits of up to €30,000!