# Stay up to date with the latest happenings at Quiltt **One Integration, One Attack Surface: How Orchestration Shrinks Your Security Footprint** Quiltt's SOC 2 Type 2 certification, AES-256 encryption, and single-integration model mean fewer credentials to defend and one audit boundary instead of five. .jpg) **7 Reasons Your Customers Can’t Connect Their Bank Account** Token expiry, institution outages, rate limits, stale states: bank connection failures aren't random. Here's what causes each one and how multi-aggregator routing fixes it. **Teller is shutting down their API. Here's how to migrate without losing users.** If you depend on the Teller API, you need a new connection layer fast, and you need one that won't put you right back here again. **The Rise of the Super Aggregator** Super aggregators simplify fintech data access, unifying multiple sources for seamless integration. They enhance data quality, offer value-added services, and empower businesses to leverage open banking. **SOC 2 Once Proves Our Controls. Twice Proves They Hold.** Last year, we announced Quiltt's first SOC 2 Type 2 certification. At the time, we called it a milestone. And it was. But one year of clean controls tells only part of the story. .jpg) **Top 5 Questions Every New Fintech Founder Asks** The five questions new fintech founders ask most — about aggregators, coverage, and migrating later in their lifecycle. .jpg) **Cracking The B2B Open Banking Gap** The gap in open banking between B2B and B2C fintech makes logical sense. Business banking connectivity relies on many smaller institutions rather than fewer, large banks used by so many consumers. Here’s what has to change before treasury, bookkeeping, and cash-flow underwriting can enjoy consumer-level support. **Quiltt Raises $2.6m to Fix Open Banking's Integration Problem** Today, we’re excited to announce the close of our $2.6m priced seed equity round led by NVP Capital, with participation from Mastercard, K Street Capital, Mintaka, Abstraction Capital, and others. **What Are Payment Rails? Types, Costs & Speed** Find out how payment rails work, why they matter, and how a payment rails API can improve your payment strategy and user experience. **Account Aggregation for Investment Platforms** Learn how financial data aggregation empowers investment platforms with secure account linking, real-time insights, and scalable growth. **Open Banking vs Screen Scraping: Pros and Cons** Compare open banking vs screen scraping. Learn the pros, cons, and future of secure financial data access for fintech platforms. **How to Choose a Financial Data Provider** Choosing a financial data provider? Learn what fintech teams should evaluate—from data aggregation and API integration to compliance, latency, and SLAs. **What is a Financial Account Aggregator** What is a financial account aggregator? Discover how it helps Fintech teams unify data from multiple bank accounts and deliver better user experiences. **Chase's Open Banking Gambit: Why an Orchestration Layer is Your Best Defense** Chase plans to charge high fees for data access, threatening fintech business models and open banking. As banks tighten control, Quiltt’s orchestration layer offers resilience: multi-provider routing, no lock-in, and built-in fallback. Stay agile, not exposed. **Strengthening Trust Through Security: Quiltt Achieves SOC 2 Type 2 Compliance** Quiltt achieves SOC 2 Type 2 compliance, validating our security controls for protecting financial data. Through Insight Assurance's rigorous audit, we've demonstrated our commitment to maintaining the highest standards in data security for our open banking platform. **What Are Financial APIs?** Discover what financial APIs are, how they work, their benefits, challenges, and role in shaping the future of fintech platforms and services. **What Is an Open Banking API?** Discover what an open banking API is, how it works, key use cases, benefits, and future trends for fintech teams building smarter financial tools. **Why Identity, Payments, and Open Banking Are Converging in Fintech** Fintech has a plumbing problem. Identity, payments, and transaction data have been treated as separate worlds, creating disconnected silos that kill conversion and cost money. The solution isn't another one-size-fits-all vendor, but a modular ecosystem that breaks down these walled gardens. **Wealth Management Technology** Explore how wealth management technology, APIs, and software are transforming financial planning, portfolio management, and client experiences. **Pave.dev—Because Cash Flow is King** Pave replaces outdated credit scores with real-time cash flow analysis, helping lenders make smarter decisions with tailored, predictive risk assessments. **FinGoal and Quiltt: Building a Strong Transaction Data Foundation** At Quiltt, we pride ourselves on innovative access to Open Banking. In our quest to provide customers with the best transaction solutions, we partnered with FinGoal, a leading expert in transaction data enrichment. **How GraphQL Fuels Quiltt’s Edge** GraphQL powers Quiltt's platform, simplifying open banking integrations by allowing developers to query exactly the data they need from multiple providers through a single, unified API. This eliminates the complexity of juggling different APIs, normalizing messy data formats, and making multiple requests, enabling faster development cycles and better user experiences. **Smart Routing for Smarter Decisions: Real-World Applications in Fintech** Smart routing helps fintech companies deliver better services by connecting to multiple data aggregators through one integration. It enables broader coverage, higher conversion rates, and more reliable data for use cases like account funding, transaction monitoring, and underwriting. **What Is Fintech Data Orchestration? A Primer on Routing Across Data Aggregators** Open banking has finally arrived in the US, but companies face a maze of providers, complex integrations, and lengthy negotiations just to access financial data. Learn how data orchestration is transforming this landscape and simplifying how innovative products get built. .jpg) **Know Your Customer (KYC) | Definition & FAQs** Discover the KYC process: KYC verification, biometric checks, and KYC solutions that help businesses stay compliant and stop financial crime. %20_%20Definition%20%26%20FAQs.jpg) **Know Your Business (KYB) | Definition & FAQs** Learn what Know Your Business (KYB) means, how KYB verification works, and why KYB solutions are critical for compliance and fraud prevention. **The Hidden Expenses of Financial Data Management** Fintech companies face costly, time-consuming financial data integration maintenance. Quiltt simplifies this with pre-integrated aggregators, a unified API, and automated updates—reducing expenses and complexity. **Navigating Incomplete Data to Build Powerful Fintech Tools** Fintech development faces challenges with incomplete financial data. Success lies in designing for uncertainty, using flexible models, fallbacks, and clear user communication. Quiltt's unified API simplifies this process. **Optimizing Data Connectivity for Neobanks and Online Banking Platforms** Neobanks revolutionized banking but pose connectivity challenges for fintechs. Explore strategies to optimize neobank integration, ensure reliable data access, and deliver seamless user experiences. **Why Building Your Own Institution Picker is Harder Than You Think** Don't underestimate the complexity of building a financial data connector! Quiltt Connector handles the challenges of data aggregation, letting you focus on your product, not provider quirks and maintenance. **Quiltt Launches Statements** Quiltt's Statements unlocks direct access to customer financial data. Build personalized financial experiences, streamline decision-making & drive innovation! **Beyond Convenience: The Psychology of Payment Choice** Payment choices are shaped by security concerns, social pressures, emotional spending, budgeting, and generational habits. Understanding these factors leads to better financial decisions. **Avoid Data Silos: Why Multiple Aggregators Can Future-Proof Your Fintech** Fintech innovation is hindered by data silos. Using multiple data aggregators offers broader coverage, resilience, and specialized solutions, overcoming this challenge. **5 Open Banking Use Cases That Are Flying Under the Radar** Open Banking isn't just for banks anymore. Explore 5 lesser-known use cases transforming accounting, supply chains, insurance, real estate, and even how you invest. **The Evolution of Data Aggregation: From Screen Scraping to APIs** Discover how data aggregation transformed from crude screen scraping to powerful APIs, reshaping industries, raising ethical questions, and fueling innovation. **Quiltt Joins Mastercard's Start Path to Drive Fintech Innovation** Quiltt is thrilled to be chosen for Mastercard's prestigious Start Path program. We look forward to leveraging this opportunity to scale our open banking technology and deliver even greater value to our customers. **The Gamification of Fintech: Are Apps Making It Fun or Addictive?** Apps like Robinhood and Acorns use game-like features to engage users in investing and saving. This makes finances more accessible but raises concerns about addictive behaviors and irresponsible financial decisions. **The Hidden Costs of Enriching Your Data In-House** Discover the hidden costs of in-house data enrichment in fintech. Learn why outsourcing or hybrid models may be the key to unlocking your data's full potential. **Lessons Learned from the Startups that Didn't Make It** Fintech failures tell powerful stories of ambition and risk. Discover what caused promising startups to fail and the lessons worth remembering. -2x.webp) **3 Fintech Buzzwords You Need to Know (and 3 You Can Ignore)** Fintech buzzwords got you confused? This post cuts through the jargon, explaining the terms you need to know and a few you can safely ignore. Get ready to understand the forces shaping the future of finance. **What is ACH?** Within the vibrant landscape of financial technology, there lies a key but often understated player: the Automated Clearing House (ACH). **Empowering Startup Success through Data Aggregation** Discover how Quiltt helps startups grow faster through smart data aggregation and automation tools that streamline fintech development. **Top 5 Fintech Developments to Watch in 2024** Heading into 2024, the financial technology sector is experiencing an extraordinary transformation. This rapid evolution is shaped by ongoing innovations, regulatory developments, and shifts in consumer behavior. **Building a Simple Transaction List with Quiltt's GraphQL Financial API** In this quick how-to guide we show you how to build a transaction list using Quiltt's GraphQL API. **What is Open Banking? Exploring the Impact of Open Banking in Financial Services** Open banking represents a significant evolution in the financial sector, altering the way we manage and interact with our finances. This concept, at its essence, revolves around a system where banks and other financial institutions share data through APIs. **Open Banking Glossary** The landscape of financial services is undergoing a profound transformation, primarily driven by the advent of Open Banking. This innovation is not just a fleeting trend; it's reshaping how we interact with financial services. **Streamlining Financial Software Development: Simplified API Management for Today's Developers** Part 3 of our Unified API series! Streamlining Financial Software Development: Simplified API Management for Today's Developers. **The Power of Single Query Language in Unified APIs for Financial Software Developers** Part 3 of our Unified API series! The Power of Single Query Language in Unified APIs for Financial Software Developers. **Welcoming Jacob Villanueva: Discover Why Quiltt Stood Out for Him** Today, we’re particularly thrilled to spotlight our newest addition, Jacob Villanueva. He isn't just a new name on our team; he's a blend of passion, experience, and an intriguing story of why Quiltt was his top choice. **Simplify Financial Software Development: Embrace Unified APIs for Single Authentication** Part 2 of our Unified API series! Embrace Unified APIs for Single Authentication! **Revolutionizing Financial Software Development with Unified APIs: The Power of Standardized Data Structures** Part 1 of our Unified API series! Dive in to see how they're transforming financial tech by simplifying data and future-proofing apps. **Harnessing Everyday Transactions: Quiltt's Round 4 Good Revolutionizes Nonprofit Donations** Today, Quiltt is redefining charitable giving with the launch of Round 4 Good, an innovative platform that revolutionizes how nonprofit organizations receive donations. With Round 4 Good, nonprofits can now rely on a steady influx of support through everyday transactions. **Quiltt Launches Quiltt Hub** The past few months have been a rollercoaster, especially with the collapse of SVB and all the confusion in the banking world. Businesses, including ours, are figuring out the best way to handle and diversify our money as we move forward in this changing landscape. **Quiltt Selected for Plug and Play's Highly Competitive Batch 17 Fintech Program!** Quiltt, a low-code fintech infrastructure company, has been accepted into Plug and Play's fintech program. Plug and Play is a global innovation platform that connects startups with corporations to accelerate innovation. **Podcast: Code Story, Quiltt CEO & Co-founder Ruben Izmailyan** At the core, I would say the secret sauce of Quiltt is that we're a unified API for multiple different types of APIs and data providers. And we're normalizing that into a single standard data model. **Podcast: Brand & Beyond, Quiltt CEO & Co-founder Ruben Izmailyan** Our mission is to lower technical barriers for people building in consumer financial services. We've seen a lot of innovation in this space over the last five to ten years, but one of the core themes... **Fintech’s First “Easy Button” — The Quiltt Connector** At Quiltt, we’re on a mission to dramatically lower technical barriers to innovation in the financial services space. Our platform empowers anyone to quickly connect customer financial data, stitch relevant APIs together, and develop seamless financial tools. **Jenn Starr joins Quiltt as Head of Marketing** We’re thrilled to announce that Jenn Starr has joined Quiltt as our head of marketing! **Team Retreats and Remote Companies: How We Craft Successful Retreats at Quiltt** Quiltt recently held its second Team Retreat in beautiful Breckenridge, CO. Despite being a small team, we brought together team members from various locations. **Announcing Quiltt’s $4m Seed Funding** We are thrilled to announce that Quiltt has raised $4 million in Seed funding!