BankVerify
Seamless Financial Data Verification
Your Gateway to Effortless Financial Data Verification
BankVerify
Seamless Financial Data Verification
Your Gateway to Effortless Financial Data Verification
What is
BankVerify?
What is
BankVerify?
BankVerify is a real-time financial data verification solution that enables businesses to securely retrieve and verify bank account information directly from Hong Kong’s Open Banking Phase III framework. Designed to support financial institutions, insurers, and wealth management firms, BankVerify eliminates the need for manual document submission, providing instant access to trusted, bank-verified data.
As part of the Hong Kong Monetary Authority’s (HKMA) Open API initiative, Phase III allows authorized third-party providers to access account verification and transaction data, streamlining financial onboarding and compliance.


Why BankVerify is Better Than Direct TSP Licensing?
One of the biggest challenges in Hong Kong’s Open Banking ecosystem is that each bank requires individual licensing for third-party service providers (TSPs). This means businesses must negotiate separate agreements with multiple banks, handle compliance for each integration, and maintain multiple API connections—a process that is frustrating, time-consuming, and costly. BankVerify solves this pain point by acting as a unified gateway to Hong Kong’s Open Banking system. Instead of managing separate integrations with each bank, businesses can access financial data from all participating banks through a single API.
Why BankVerify is Better Than Direct TSP Licensing?
One of the biggest challenges in Hong Kong’s Open Banking ecosystem is that each bank requires individual licensing for third-party service providers (TSPs). This means businesses must negotiate separate agreements with multiple banks, handle compliance for each integration, and maintain multiple API connections—a process that is frustrating, time-consuming, and costly. BankVerify solves this pain point by acting as a unified gateway to Hong Kong’s Open Banking system. Instead of managing separate integrations with each bank, businesses can access financial data from all participating banks through a single API.
No Need for Individual TSP Licensing
Avoid the hassle of separate agreements with each bank.
No Need for Individual TSP Licensing
Avoid the hassle of separate agreements with each bank.
Single API for All Banks
Supports every institution using Open Banking Phase III, simplifying integration.
Single API for All Banks
Supports every institution using Open Banking Phase III, simplifying integration.
Instant Compliance
BankVerify handles all regulatory and security requirements, ensuring compliance with HKMA’s Open API framework.
Instant Compliance
BankVerify handles all regulatory and security requirements, ensuring compliance with HKMA’s Open API framework.
Faster Time to Market
Reduce development time and go live with bank-verified data access in days, not months.
Faster Time to Market
Reduce development time and go live with bank-verified data access in days, not months.
Why Use BankVerify?
BankVerify simplifies financial verification by providing a secure API layer that integrates seamlessly with Hong Kong’s open banking infrastructure, ensuring fast, accurate, and compliant data retrieval.
Why Use BankVerify?
BankVerify simplifies financial verification by providing a secure API layer that integrates seamlessly with Hong Kong’s open banking infrastructure, ensuring fast, accurate, and compliant data retrieval.
Real-Time Bank Verification
Instantly verifies account details directly from HKMA-regulated banks, ensuring accuracy and reducing fraud.
Real-Time Bank Verification
Instantly verifies account details directly from HKMA-regulated banks, ensuring accuracy and reducing fraud.
Fully Compliant with HKMA’s Open Banking Framework
Supports Phase III API access, meeting financial regulatory and data protection requirements.
Fully Compliant with HKMA’s Open Banking Framework
Supports Phase III API access, meeting financial regulatory and data protection requirements.
No Manual Document Uploads
Eliminates the need for users to provide bank statements, deposit slips, or account verification letters.
No Manual Document Uploads
Eliminates the need for users to provide bank statements, deposit slips, or account verification letters.
Fraud Prevention & Risk Reduction
Verifies ownership and legitimacy of bank accounts, reducing the risk of identity fraud, money laundering, and unauthorized transactions.
Fraud Prevention & Risk Reduction
Verifies ownership and legitimacy of bank accounts, reducing the risk of identity fraud, money laundering, and unauthorized transactions.
Seamless Integration
Works via API, allowing businesses to automate financial verification within their onboarding or KYC processes.
Seamless Integration
Works via API, allowing businesses to automate financial verification within their onboarding or KYC processes.
Supports Financial Services & FinTech
Ideal for banks, insurance providers, credit assessment firms, and digital payment platforms requiring trusted financial data.
Supports Financial Services & FinTech
Ideal for banks, insurance providers, credit assessment firms, and digital payment platforms requiring trusted financial data.
Unlock Instant Financial Verification with BankVerify
Unlock Instant Financial Verification with BankVerify