Use cases
Build better products and processes using financial data
When you let users securely share their financial data, you can streamline common processes such as onboarding and payments or build new products that help users manage their finances. Because Financial Connections is fully interoperable with the rest of Stripe, it’s easy to connect to users’ financial accounts to improve payments and product experiences.
Streamline payments and payouts
Power secure and reliable ACH Direct Debit payments, payouts, and other types of money movement by instantly verifying bank accounts. Check account balances before initiating debits to minimise payment failures and insufficient funds errors.
Verify bank account owners
Reduce fraud by confirming bank account ownership before initiating payouts or accepting payments. Financial Connections can be used with Stripe Identity to both verify a user’s identity and ensure they’re the owner of a bank account.
Use financial data to underwrite risk
Mitigate the risk of losses when processing payments or offering financial services. Gain additional visibility into users’ cash flow, income sources, and ability to repay.
Launch financial management tools
Build products that help users manage their finances. Unify data about users’ financial accounts and payments so they can better manage cash flow and understand their earnings.
