Finexer vs Tarabut Gateway Account Information

Finexer is a B2B open banking platform for businesses that need bank data, payment initiation or bank-based identity checks in their own services. Its data service provides real-time account details, balances, transaction history, merchant and category data, and income and expense information. Payment options include instant account-to-account payments, payment links, QR code payments, batch payments and automated receipts. Bank-based identity verification can support customer KYC and AML processes. Connection methods include an Open Banking API, dashboard, hosted consent pages and consent links. Developer tools include a REST-based API, webhooks, documentation, sandbox accounts and developer support; sandbox accounts that replicate production functionality are free. Its supported-bank directory names UK institutions including Barclays, HSBC, Lloyds, Monzo, NatWest, Starling and Wise. Instant Payments are available only to UK businesses and currently support GBP only. Finexer says sensitive data is encrypted with AES-256 in an isolated data store and approved accounts require two-factor authentication. It states it is Cyber Essentials certified and ICO registered, and that Finexer Ltd is FCA-authorised under the Payment Services Regulations 2017. Pricing is on request.

Tarabut Gateway Account Information connects customer bank accounts through an Open Banking consent journey and provides account data after permission is granted. Its Connect service supplies an embeddable URL that guides customers through bank selection, permissions, bank authentication, and consent. Available information can include accounts, transactions, direct debits, and beneficiaries. Transaction responses may include category and merchant details through Insights. Documentation says one year of transaction history is fetched by default, although available history varies by bank. Consent can be one-time or long-term; long-term consent lasts up to 12 months and is required for categorisation. Refresh frequency depends on the bank, while APIs can request updated balances and transactions. Connect supports English and Arabic. Customers can withdraw access at any time, and Tarabut says credentials remain with the bank. A free Portal account provides an isolated development sandbox. Tarabut presents Connect for personal finance, spend management, and lending flows, with API and web access.