Enable Banking vs Method Financial
Enable Banking
enablebanking.comMethod Financial
methodfi.comSide by side
| Figure | Enable Banking | Method Financial |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 0 |
| Spec score · Bank Connectivity Software | 8.1 (#9) | 7.3 (#33) |
| Spec score · Financial Data APIs | 8.1 (#8) | 7.3 (#22) |
| Founded | 2019 | 2021 |
| Integrations | Enable Banking provides integrations with bank APIs, with a published list of available integrations in its documentation. | Method lists SoFi, Bilt, Aven, Happy Money, and Cleo as companies using its products in customer examples. |
| Payments | Live payment initiation requires the customer to hold a PISP licence or another licence that allows payment initiation. | Method Pay supports loan payoff, bill payment, and balance transfers, with payment tracking from pending to posted. |
| Product | Enable Banking provides a PSD2 API for account information and payment initiation across European banks. | Method provides connectivity to consumer credit and liability accounts with embedded payments, real-time account data, and one-click checkout. |
| Security | Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. | Method's Trust Center lists CCPA, GLBA, PCI DSS, and SOC 2 Type 2 compliance frameworks and certifications. |
| Support | The company says open banking specialists support customers from initial setup through optimisation. | Method directs users to [email protected] for more comprehensive security and compliance information and Trust Center help. |
Plans
In their own words
Enable Banking
Enable Banking has no write-up on Specifiction yet; its figures are above.
Method Financial
Method Financial has no write-up on Specifiction yet; its figures are above.