You control your own data

We do not have access to, nor do we store, your banking credentials. We work with a trusted open-banking data provider to securely retrieve your financial data. We employ a 'one-off' access mechanism, which grants temporary access to your banking information. This significantly minimises security risks and limits data exposure.

We handle your data with great care

We do not have access to, nor do we store, your banking credentials. We work with a trusted open-banking data provider to securely retrieve your financial data. We employ a 'one-off' access mechanism, which grants temporary access to your banking information. This significantly minimises security risks and limits data exposure.

Industrial standard data policy

We committed to maintaining the highest standards of data security and privacy, ensuring that sensitive financial information is handled with the utmost care. Our data policy aligns with industry best practices, regulatory requirements, and international standards to provide robust protection for customer and partner data.

Security measures

Security is the highest priority at AffordX when designing our products and processes.

Secure cloud infrastructure

We use modern cloud services (AWS) in order to leverage their world leading infrastructure and security controls.

Encryption

AffordX uses encryption protocols such as SSL/TLS to secure data transmission between users, brokers, and the platform. Encryption helps protect personal and financial information from being intercepted during data exchanges.

Simplicity over complexity

Simplicity in security architecture means fewer components, clearer designs, and less room for configuration errors. Complex systems increase the risk of human error during setup, maintenance, and upgrades, which can introduce vulnerabilities. A simple, well-understood security framework is easier to manage, monitor, and keep up-to-date.

A complex system often involves multiple layers of software, hardware, and integrations, each representing a potential point of attack. Simplifying systems and reducing unnecessary components directly reduces the attack surface, making it harder for malicious actors to find exploitable weaknesses.

Banking data protection via Akahu

AffordX integrates Akahu services to retrieve customers' banking data securely. Akahu is known for its strong API security and compliance with financial data protection standards, ensuring that customer data is only accessible through authorised and secure channels.