armalytix

Fast, accurate and verified bank account information

A service from Armadillo Financial Technologies

Many businesses you deal with – from financial to legal and more – need to ask you to prove information about your money and bank accounts before they can work with you. armalytix not only makes that fast, simple and secure but also puts you in control by helping you only share the information you need to.

  • Connect to your bank accounts to confirm your name, sort code and account number
  • Confirm this information is correct and you’re happy to share it
  • Send this information, giving it only to the business who requested it

No more dealing with bank statements.

How it works

armalytix is secure and simple to use – across mobile or desktop. We only gather the information you want us to share and we cannot move money, make payments or control your account in any way. We securely share this information only with your permission and only with the business who requested it.

Open

Follow the link you’ve been sent and open on mobile or desktop.

Review

Create an account and review the information you have been asked to share.

Connect

Connect the bank accounts you want to use.

Check

Check your report.

Confirm

Confirm you’re happy to share this information.

Send

Share the report, only with the business who requested it.

Simple as that.

Contact us to find out more:

Why am I being asked for this?

Why does a business need to know my account information?

There are many reasons that a business might need to verify your account information, such as:

  • Avoiding payments to wrong or fraudulent accounts
  • So the business can make sure the bank account is yours
  • To comply with financial crime rules designed to keep you and your money safe

What happens if I don’t know the business who is asking for the details?

  • Do not share the requested information. We will not share the information without your consent
  • Our service has confirmation checks throughout the simple process to ensure you are happy

What about my privacy?

We have provided a summary of everything for you below, for full details simply click here to go to our privacy policy.

We view only

When using our products and services you are allowing us to view your transactions and account information. We are only getting the information you want us to get and we cannot do anything else. We do not and cannot move money, make payments or control your account in any way.

Storage and protection

We use servers within the UK and EU to securely store your information. All connections between your device and our servers are protected using TLS 256-bit encryption. We use bank level security when getting your account information and we can only view this, not make any changes. We do not have access to your bank account logins and will never ask for them.

Our company details

Armadillo and Armalytix are trading names of Armadillo Financial Technologies Limited. Armadillo Financial Technologies Limited is registered with the UK’s Financial Conduct Authority as an Account Information Service Provider to offer access to financial data in compliance with PSD2/Open Banking in the pan-European space. Financial Conduct Authority Registration number 911236.

Contact us

We believe that you should be in control. With all our products and services there is a safe and simple way to stop us using any of your information or for you to delete your account. If you have any questions about this just contact us and we will be happy to help:

What is Open Banking?

Open Banking is a revolution in banking and finance. It has opened the way for you and your financial partners and banks to digitally and securely share information previously locked away in your bank. You are now in control of your financial information and you decide who can see what and when. armalytix is here to make sure you have control.

What can I use armalytix for?

There are many types of people and organisations armalytix will be important and useful for – investment houses, lawyers, financial advisors, property agents, mortgage brokers and more. Anyone who needs proof of information and finances.

Watch the video below to find out more about Open Banking:

FAQs

Why are you asking me to connect my bank account?

Gathering and proving financial information is difficult and time-consuming. Our service will allow you to do this and send information quickly and securely to make your life easier.

Will you get access to my money or be able to change anything?

No. You only give us permission to view your transactions and account information and we cannot do anything else. We do not and can not move money, make payments or control your account in any way. We don’t get access to your logins, and you can remove our access at any time.

Where will you send my information?

Nowhere, unless you tell us to. We won’t send your information anywhere without your consent and we will only send it to organisations you choose. You will see the information that will be shared and will be asked to confirm that you are happy to share it with your chosen organisations.

Why should I trust you with my information?

Your privacy is important. We use bank level security when getting and sending your information and only gather the requested information, even if your bank makes more available to us. We can only view your information; we cannot make any changes. By using our services you do not breach your banking terms and conditions and you can remove our access at any time.

Are you FCA Regulated?

Yes. We are regulated by the Financial Conduct Authority as an Account Information Service Provider under the Payment Services Regulations 2017. Our Firm Registration Number is 911236.

How long does my consent for you to view my accounts last for?

Once we have gathered the information from your accounts you can choose to close the connection and remove our access. Even if you do not, the maximum time this consent will last for is 90 days, after which we will ask you for permission to connect to the accounts again. You can choose to revoke this consent at any time.

How do you connect to my bank?

We communicate securely with your bank using a system called Open Banking, and your bank will ask you to confirm you are happy for us to see your bank account details before we connect.

Can I use either desktop or mobile?

Yes, though you will need online banking set up and an internet connection. You can click on ‘Get started’ within the email from either your mobile or your desktop. If you have a banking app on your mobile you may find the journey faster, but it is not required.

Why is my bank not available on the list of banks to connect?

Unfortunately some banks are still updating their systems to adopt Open Banking and we are adding them as they come online. Armalytix is currently available for over 98% of UK sterling current accounts. If your bank is not available please contact the organisation that requested your details.

My bank is on the list, but when I try to connect it doesn’t work?

Sometimes, connections to your bank may be down and armalytix will tell you something has gone wrong.  This is probably due to maintenance by the banks. Try again in a few hours and if it is still not working please get in touch on [email protected]

Can I add accounts from different banks to my report?

Yes. For those reports where you may need financial information from more than one account, you will be given the option to add another bank.

Why is my savings account not available to connect?

The ability to connect savings accounts can vary from bank to bank as they update their systems. We are working with industry bodies to encourage all banks to allow this. In the meantime, you can still verify your current account and move money around as needed using your normal banking methods.

Can I connect my joint account?

Generally, yes. However, if you are not the primary name on the joint account, some banks may ask you to get approval from the primary name before sharing information. Your bank should show you the process to get this approval when you try to connect. Once you have permission, return to the original invitation email, click ‘Get started’ and login as an ‘Existing user’ with the password you set when you created your account.

Can I use armalytix for my own business?

Yes. Visit our business page to find out more and click ‘Get in touch’ to discuss getting set up.

About us

armalytix was created by the team at Armadillo Financial Technologies. Who are we? We created our business to make banking and finance better for you. We see the world is changing and the traditional way of doing things does not serve you and will not last. We came together from the world of finance to create a better way of doing things and put you at the heart of and in control of Open Banking. Our mission is to provide the best tools for you to collect, organise and send information about your accounts – empowering you to make Open Banking work for you in a secure and controlled way.

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The company

Armadillo Financial Technologies

Incorporated in England
Company Number 11828727

Bridge House,
181 Queen Victoria Street,
London,
EC4V 4EG

Armadillo and Armalytix are trading names of Armadillo Financial Technologies Limited. Armadillo Financial Technologies Limited is registered with the UK’s Financial Conduct Authority as an Account Information Service Provider to offer access to financial data in compliance with PSD2/Open Banking in the pan-European space. Financial Conduct Authority Registration number 911236.

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Press

Please contact us for press enquiries

Trust & security

We only view transactions and account information. We do not and cannot move money, make payments or control accounts. We use UK and EU servers to securely store information. We use 256-bit bank-level security. We do not have access to account logins.

Armadillo is a member of CiSP – the Cyber Security Information Sharing Partnership (CiSP) set up by the National Cyber Security Centre (NSCC).

We believe that you should be in control, with all our products and services there is a safe and simple way to stop us using any of your information or for you to delete your account. If you have any questions about this just contact us and we will be happy to help.

If you have a complaint, please contact our complaints manager Richard McCall at [email protected].
Our Customer Complaints Procedures can be found here.

If you are unhappy with the response you receive from us you can contact the Financial Ombudsman:

Financial Ombudsman Service
Exchange Tower, Harbour Exchange, London, E14 9SR

0800 023 4567

[email protected]

Need help?

If you have any questions about our company, please get in touch

[email protected]