Summary
No, Nance does not store your bank credentials such as usernames or passwords.
How This Works in Nance
Nance is designed to never access or store sensitive login information.
1. No Credential Storage
- Nance does not store:
- Bank usernames
- Passwords
- PINs
- You never share these details with Nance
2. Secure Authentication Flow
- Connection happens via the Account Aggregator framework
- You authenticate directly with your bank using:
- OTP verification
- Nance only receives authorized access, not credentials
3. Read-Only Data Access
- Nance can only:
- View transaction data
- It cannot:
- Log into your bank
- Perform any actions
Why This Matters
- Eliminates risk of credential misuse
- Keeps your banking access fully under your control
- Ensures a secure, consent-based system
Important to Know
- Always keep your OTPs private
- Your bank credentials remain only with your bank
No passwords.
No storage.
No risk from Nance.