Skip to main content
All CollectionsAggregating my Assets
Do I need to share my bank login details to aggregate my assets?
Do I need to share my bank login details to aggregate my assets?
Martin Pickrodt avatar
Written by Martin Pickrodt
Updated over a week ago

No, we have multiple ways of uploading data that do not require your bank credentials. See the article about data upload here.

If your financial institution participates in open banking activity and allows users to retrieve their information then they will be covered by our datafeed provider and you will be able to activate a linkage by providing your credentials.

Linking Accounts Through Open Banking

For those who prefer a more automated approach, Teleskop is looking to support the integration of accounts via open banking frameworks, where available. Open banking is a practice that allows third-party providers to access financial information in a secure and standardized way through APIs, provided that the financial institutions have adopted this approach. This means that if your bank or financial institution participates in open banking activities, they will likely be covered by our datafeed provider.

Our Commitment to Avoiding Screen Scraping

At Teleskop, we are committed to using only the most secure and ethical methods for data retrieval, which is why we do not employ screen scraping techniques. Screen scraping involves programmatically capturing and extracting data from the display output of another program, a practice that can pose significant risks to data security and user privacy. Instead, we opt for direct APIs through open banking protocols, ensuring that data transfers are conducted over secure, encrypted channels and fully compliant with modern data protection standards. This approach not only aligns with our core values of trust and transparency but also guarantees that our users' financial data is handled with the utmost care and respect for privacy. By avoiding screen scraping, Teleskop ensures a safer, more reliable experience for all our users.

Did this answer your question?