Summary
Nance protects your financial data through secure, consent-based connections, read-only access, and strict data handling practices.
How This Works in Nance
Nance is built to ensure your data is secure, private, and under your control.
1. Secure, Consent-Based Access
- Nance connects using the Account Aggregator framework
- You authorize access via OTP verification
- Data is shared only after your explicit consent
2. Read-Only Access
- Nance can only view your data
- It cannot:
- Make transactions
- Transfer money
- Modify your accounts
3. No Storage of Sensitive Credentials
- Nance does not store:
- Bank usernames or passwords
- Full account numbers
- Your login credentials are never shared with Nance
4. Controlled Data Flow
- Data is fetched directly from your bank through a secure channel
- Sync happens automatically without exposing sensitive information
5. Privacy-First Design
- You control:
- Which accounts are connected
- When to remove access
- SMS access (on Android) is optional and permission-based
Important to Know
- Data accuracy depends on bank-provided information
- Sync timing depends on bank availability
- Nance follows strict practices to keep your data safe and private
Your data stays yours.
Nance just reads it—securely.