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Financial data

Connect Bank connections with clear boundaries.

Connect eligible institutions through Plaid to bring supported account, balance, and transaction data into OwnCents.

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Product story

Bank connections data flow

Evidence linked
A conceptual product view. Values are illustrative and do not represent customer data or a financial forecast.

Data

What can enter the normalized layer.

Eligible account identity and type
Available and current balance fields where supplied
Pending and finalized transaction activity
Supported recurring-stream context

Authorization

Connection authority stays explicit.

A user starts Plaid Link and authenticates directly with the eligible financial institution. OwnCents receives provider tokens server-side, encrypts them, and never receives the user's online banking password.

Security

Sensitive material stays server-side.

Connections use server-side token handling, workspace-scoped authorization, step-up controls for sensitive connection actions, and verified webhook processing.

What it does

  • Normalize supported financial data
  • Show account and cash context
  • Sync pending and finalized activity

What it does not do

  • Initiate or schedule bank payments
  • Guarantee institution coverage or refresh timing
  • Treat provider labels as posted accounting

Setup

A short, reviewable connection flow.

  1. 01

    Choose to connect a bank.

  2. 02

    Complete the institution flow in Plaid Link.

  3. 03

    Select eligible accounts.

  4. 04

    Review normalized data after the first sync.

Important limitation: Institution support, fields, and refresh timing vary. Bank data is operating evidence and must be mapped and posted through separate accounting controls when accounting authority is required.

FAQ

Questions about Bank connections.

Does OwnCents store bank passwords?
No. Institution authentication occurs in Plaid Link; OwnCents does not receive online banking passwords.
Can OwnCents move money?
No. Bank connections are for supported financial data and do not initiate, authorize, transmit, or distribute payments.
Why can balances differ from the bank portal?
Provider refresh timing and institution fields vary. Confirm time-sensitive balances with the financial institution.

Related product

See where normalized data becomes useful.

Cash and money movement

Organize every supported financial account around its purpose

Understand account type, balance context, mapping, and activity across eligible connected sources.

Cash and money movement

Make every observed money movement easier to explain

Normalize inflows, outflows, status, account, and source context into a consistent transaction view.

Cash and money movement

See available cash across the business before acting

Review supported account balances and movements together without turning OwnCents into a payment rail.

See it in context

Connect Bank connections to a clearer financial operation.

Explore a fixed fictional workspace, or start a trial with your own supported financial data.

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