# BANKSapi
BANKSapi is a German API-based Open Banking and Open Finance platform that provides access to accounts (XS2A) and payment initiation via a single REST API. It provides account information services (AIS) from German, Austrian, and Swiss banks and offers payment initiation services (PIS) for SEPA payments. BANKSapi also provides suitable front ends and enables greater value creation from data provision through data analytics. BANKSapi is regulatory compliant with PSD2, DORA, GDPR, ZAG, MaRisk, etc.

## What BANKSapi stands for
- Comprehensive data access: Access to accounts, custody accounts, and financial products through a modern REST API and PSD2-compliant interfaces.
- High data depth: Extends beyond PSD2 through FinTS, EBICS, proprietary APIs, and web scraping to cover a wide range of account types and long transaction histories.
- Stability: Proven standards, experienced teams, and resilient API infrastructure support high availability and reliable day-to-day operations.
- Scalability: BANKSapi infrastructure is designed to support large user bases, enterprise workloads, and high-volume financial data processing.
- Security and data protection: ISO 27001-aligned information security management, GDPR-compliant processes, hosting in Germany, and strong technical and organizational safeguards protect sensitive financial data.
- High-volume SEPA payment processing: Supports regulated, reliable, and efficient execution of SEPA payment flows at scale.
- Open banking API since 2015: Productive API infrastructure with many years of operational experience and continuous development.
- Integrated smart data analytics: Banking data can be transformed into actionable insights such as risk scoring, transaction categorization, and financial behavior analysis.
- Regulatory compliance and licensing: Fully PSD2-Licensed by BaFin for account information services (AIS) and payment initiation services (PIS).
- Accelerated time-to-market: Ready-to-deploy frontend modules for banking, consent, and data visualization help launch digital finance products faster.

## Products
- [Open Banking](https://banksapi.de/en/open-banking-en/): Open Banking, called BANKS/Connect, provides access to accounts. Retrieve account information from current accounts, payment accounts, savings accounts, building society accounts, custody accounts, credit and loans can be retrieved via a standardized API
- [Open Banking for own Accounts](https://banksapi.de/one-connect/): ONE/Connect is a multibanking API solution for own bank accounts limited to one user.
- [Pay by Bank](https://banksapi.de/en/pay-by-bank-en/): Pay by Bank, called PAY/Connect, Pay by Bank is a digital payment method based on SEPA instant transfers, allowing customers to pay directly from their bank account—no card, no wallet, and no additional registration required.
- [Data Analytics](https://banksapi.de/en/data-analytics-en/): The extensive data analytics suite, also referred to as AI/Connect, provides endpoints for the precise analysis of accounts and payment flows.
- [Banking Widgets](https://banksapi.de/en/banking-widgets-en/): The banking widgets, also known as WEB/Connect, offer ready-made mini front ends as web components that enable framework-independent and seamless integration of banking functions—from bank access management, SCA, and consent handling to a comprehensive end-user front end—with minimal effort.
- [MCP Server](https://banksapi.de/en/mcp-server-en/): BANKSapi's MCP server, called LLM/Connect, is middleware that connects BANKS/Connect and AI/Connect with large language models and structures, selects, and prepares financial data in a context-sensitive manner for LLM applications such as chatbots or AI agents.
- [PSD2 License](https://banksapi.de/en/reg-protect-en/): BANKSapi's PSD2 license (REG/Protect) enables companies without their own BaFin license to retrieve account information (AIS) and initiate payments (PIS), since BANKSapi, as a licensed payment institution, takes care of all regulatory requirements.
- [Frontend Solutions](https://banksapi.de/en/frontend-solutions-en/): HUMAN/Connect are the customized front-end solutions on BANKSapi's personal finance management platform for financial apps or customer portals.

## Use Cases by industry:
- [FinTech and Banking](https://banksapi.de/en/fintech-banking-en/): Open Banking APIs and white-label frontends for multibanking and financial homes, payments, analytics, and customer portals.
- [ERP and Accounting](https://banksapi.de/en/erp-accounting-en/): Automate ERP and accounting with Open Banking data: SEPA payments, reconciliation, EBICS, cash-flow insights.
- [Financial Advisory](https://banksapi.de/en/financial-advisory-en/): White-label Open Banking solutions that turn transaction data into advisory insights and sales impulses. The Financial Home increases relevance drastically.
- [Insurance](https://banksapi.de/en/insurance-en/): Generate new insurance insights from banking data: contract overview, life-event triggers and even financial homes and customer portals with state of the art user interfaces.
- [Payment and eCommerce](https://banksapi.de/en/payment-ecommerce-en/): Pay-by-bank checkout with transfer wizard and analytics to increase eCommerce conversions and many more.
- [Lending and Credit](https://banksapi.de/en/lending-credit-en/): Speed up lending with verified account data for digital credit checks and approvals.
- [Identity and AML]( https://banksapi.de/en/identity-aml-en/): Automated identity verification and real-time AML fraud detection using Open Banking and AI.

## BANKSapi Developer Hub:
- [BANKSapi Developer Hub](https://docs.banksapi.de/): Overview of our guides, API references, demo and product disovery.
- [BANKSapi API Documentation](https://docs.banksapi.de/guide/): Deep dive into our guides and examples to integrate BANKSapi.
- [BANKSapi API Documentation via MCP]( https://docs.banksapi.de/guide/docs-mcp.html): Accelerate integration by linking AI coding assistants directly to the BANKSapi documentation.
- [BANKSapi API Reference](https://docs.banksapi.de/api/banks-connect.html): Complete reference for all Open Banking (BANKS/Connect) endpoints for account information services and payment initiation services.
- [AI/Connect API Reference](https://docs.banksapi.de/api/ai-connect.html): Complete reference for all data analytics endpoints.
- [PAY/Connect API Reference](https://docs.banksapi.de/api/pay-connect.html): Complete reference for all Pay by Bank endpoints.

## Resources:
- [Trial access](https://banksapi.de/en/free-trial/): Register for a free trial access to BANKSapi.
- [Banking widgets demo](https://github.com/BANKSapi/banking-widgets-demo): A set of ready-to-use web components from WEB/Connect that enables seamless integation of banking features into your application.

## Contact:
- Website: [https://banksapi.de/en/](https://banksapi.de/en/)
- Sales: [https://banksapi.de/en/contact/](https://banksapi.de/en/contact/)
- Company: BANKSapi Technology GmbH, based in Munich and Kiel, Germany

## Last updated:
April 22, 2026