Enable Banking vs HSBC Connect
Enable Banking
enablebanking.comHSBC Connect
hsbcinnovationbanking.comSide by side
| Figure | Enable Banking | HSBC Connect |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| API | Yes | — |
| Self-hosted | Yes | — |
| Plans published | 1 | 0 |
| Spec score · Bank Connectivity Software | 8.1 (#9) | 6.3 (#52) |
| Payments | Live payment initiation requires the customer to hold a PISP licence or another licence that allows payment initiation. | Businesses can submit multiple payment types and currencies in one file from a central treasury management station or ERP platform. |
| Regulatory status | Enable Banking Oy identifies itself as a registered Account Information Service Provider regulated by the Finnish Financial Supervisory Authority. | HSBC Innovation Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. |
| Security | Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. | The page lists FTPS, SFTP, HTTPS, PGP, and AS2 among its security and encryption protocols. |
| Support | The company says open banking specialists support customers from initial setup through optimisation. | The Help Hub is linked from the product page as a support resource. |
Plans
In their own words
Enable Banking
Enable Banking has no write-up on Specifiction yet; its figures are above.
HSBC Connect
HSBC Connect has no write-up on Specifiction yet; its figures are above.