Secure payment operations with bank account ownership checks that provide up-to-date, comprehensive identity data for consumers and businesses.
Never ask a manual document upload again. Our API-based solution provides structured data that will fit perfectly in user flows.
A regulated PSD2 institution, Powens connects directly to the account owner’s bank and certifies the authenticity of bank details.
In addition to Name and IBAN, retrieve account type and details on co-ownership for joint accounts.
Based on Open Banking technology, Bank ID Check circumvents traditional, costly intermediaries.
Deliver instant credit experiences, increase loan acceptance while reducing fraud, arrears and defaults.
Increased loan acceptance by 4x and reduced default rate by 8-10%
Get paid and move money your way with a complete suite of pay-in and pay-out options linked to unlimited IBAN accounts.
Offers cost-effective wallet top-up to 45M customers
Save days of backoffice work by automating rent collection, homeowners contributions and property expenses payments
Achieved 15x growth in one year by automating rent & expenses payments
The Powens widget is prompted for users user to select their bank
Users authenticate with their bank mobile app
Powens collects identity directly from the bank and delivers it via API
Our customers report up to 60% fraud decrease from users that consent to sharing their bank details via account access.
Powens and its subsidiaires are regulated and audited by the French and Spanish banking supervisors, and duly authorized to access account data through PSD2 APIs. We are also an indirect participant to the SEPA network.
In addition to high-growth start-ups, our customers include 10+ global banks such as BNP Paribas, Societe Generale, BPCE Group or Banco Azteca.
Bank ID Check verifies bank account ownership in real time, directly from the bank source. It retrieves the account owner’s name, role, IBAN and account type — including details on co-ownership for joint accounts. It is a PSD2-based solution that eliminates the need for manual document uploads.
As a regulated PSD2 institution, Powens connects directly to the account owner’s bank and certifies the authenticity of bank details. Customers report up to 60% fraud decrease from users who consent to sharing their bank details via this method, compared to traditional document-based verification.
The experience has three steps: the Powens widget prompts the user to select their bank; the user authenticates with their bank mobile app; Powens collects identity data directly from the bank and delivers it via API. No document upload is needed, making it faster and more user-friendly.
Bank ID Check returns the account owner’s name, IBAN, account type and details on co-ownership for joint accounts. This structured, API-delivered data integrates seamlessly into onboarding and verification flows.
Unlike traditional methods that rely on manual document uploads and costly intermediaries, Bank ID Check uses Open Banking technology to retrieve verified data directly from banks. This is faster (real-time), more reliable (data comes from the source), cheaper, and provides a better user experience.
Bank ID Check is particularly valuable for lending and leasing companies (verifying borrower identity before disbursement), property management platforms (verifying tenant bank details), and any business that needs to confirm bank account ownership to prevent fraud in payment operations.