Bank-grade accreditation evaluates a fintech acting as a third-party provider against open finance-specific control categories, assessed through Invela Accreditation – so a bank can rely on the result instead of repeating the assessment itself.
Why this changes the relationship for a fintech
Accreditation is portable: once earned, it applies across every bank and aggregator in the network, not just the one that requested it. A fintech that goes through accreditation once doesn't need to re-prove the same fitness to every new bank or aggregator. The outcome – Accredited or Not Accredited – is the same standard the whole network trusts, which shortens onboarding on both sides.
Organizations that fall short of the Accreditation bar receive a report detailing the remediation steps needed to achieve it.
About Invela
Invela is the infrastructure layer that makes open finance trustworthy – accrediting who's in the network, monitoring risk in real time, and ensuring liability lands in the right place.
