What is our Data Identity Product?

Allow end-users to confirm their personal identity information (as held by their bank) with a business

Stitch Identity lets businesses request bank-verified personal information from users. Once a user has given permission, the Stitch API can provide details of a user’s identity directly from the bank to the requesting business.

• Standardized: Each field is standardized across banks & easy to use. The Stitch API can retrieve data from banks with varied formats, but we clean, standardize and provide it ready-to-use.
• User consented: Stitch can only release account data with user consent and our user-friendly SSO makes this clear to users
• Error-free: Eliminate manual typing mistakes from account collection. Stitch users sign-on using familiar credentials (commonly username and password); no need to remember or find an account number manually.
• Verified: User identity held by a bank account has been verified against set documentation (In South Africa, according to FICA regulation)

Use cases :

• PSP & Platforms: Fraud reduction by matching bank account identity data against KYC identity data
• Fintech: Lending businesses (Fraud reduction)