Small Business Checking
Manage your business finances right from your computer or mobile device.
Open Access Banking
.svg)
Securely Connecting Your Apps with Open Banking
At ConnectOne Bank, your privacy and security are our top priorities. We’ve upgraded to an "Open Access" Banking standard to provide a safer, more reliable way for you to link your bank accounts to the third-party financial apps you use every day, like budgeting tools and investment trackers.
Without Open Access: If you wanted to link your ConnectOne Bank account to a payment app like Venmo, you had to type your actual bank username and password directly into their app. While convenient, it meant a third party was holding onto your most sensitive login details.
With Open Access: You no longer share your private login credentials with third-party apps. When you go to link Venmo, you will be securely routed directly to ConnectOne Bank to authorize a secure, one-way "data feed." Venmo gets exactly the information it needs to safely transfer funds, but it never sees or stores your password.
* Open access is not available everywhere.
Why Open Access?
- Enhanced Security
Your sensitive login credentials are never seen or stored by outside applications. - More Control
You decide exactly which accounts and what type of data you want to share with each app. - Built for Safety
The system utilizes secure connections and advanced security features to ensure all data is protected.
Spotting An Open Access Connection
Clients will be prompted to reauthenticate and establish the more secure connection.
Moving forward, you may receive a notification inside your linked third-party apps asking you to re-authenticate or log in again annually. When you see this prompt, simply follow the steps to log in through our secure ConnectOne Bank screen. It only takes a minute, and it ensures your connection is upgraded to our highest security standard.
Important Note: The data feed connection is one-way. It only pulls information from Personal and Business Online Banking, and you will be unable to see the ERP information within your ConnectOne Bank platform.
Better Control with Business Accounts
Business Account holders have the extra benefit of controling which users can connect to 3rd party systems. Learn about Open Access entitlements for Business Online Banking.
Frequently Asked Questions
What systems does Open Access work with?
Open access is available for the following ERP systems:
- Sage
- Xero
- NetSuite
- Intuit (only the web-based version)
Aggregators are the "middle layer" embedded within ERP systems (such as Sage, Xero and NetSuite) used to connect your bank accounts to your ERP system. Current aggregator partners include:
- Plaid
- Yodlee
- Stripe
- Mastercard/Fincity
- MX
- Akoya
- Intuit/Quicken
(only the web-based version)
Is my data safe with third-party apps?
Yes. In fact, it is safer than ever. By using our new Open Access connection, you are ensuring that the third-party app never has access to your actual bank password.
Why am I being asked to log in to my budgeting app again?
We are upgrading our security systems. To move your existing connection to our new, highly secure platform, your app needs you to re-authorize the link.
How is Open Access different from Screen Scraping?
Is Open Access different from DirectConnect?
Yes, they are different! DirectConnect will not be affected by Open Access. Clients using Intuit products with DirectConnect will not need to re-authenticate.
What is an ERP?
ERP stands for Enterprise Resource Planning. An ERP system brings all of a business’s data and processes together into one unified software platform, replacing the need to use separate systems and spreadsheets.
Still have more questions? Visit our FAQ page.
You are leaving ConnectOne Bank's Website
By continuing, you will be leaving the ConnectOne Bank website.
ConnectOne Bank is not responsible for accuracy, security, content, or services offered by other websites; we encourage you to view privacy & security disclosures of all websites you visit as they may be different than those of ConnectOne Bank.
Visit our site again soon.
Email disclaimer
Email is not a secure transmission route. Thus we ask that you never send sensitive personal information like Social Security numbers, Account numbers, Credit Card numbers or any type of password via email to ConnectOne Bank or anyone else. Please call us when submitting this information. Please click Send an Email to continue...