CoSupport AI
What is Method?
Method is a comprehensive platform for financial account connectivity and management, specifically targeting consumer credit and liability accounts. Leveraging advanced technology and security, it enables businesses to instantly link users’ accounts via multi-factor authentication—without requiring sensitive login details. The solution offers direct source connectivity to over 15,000 financial institutions, ensuring real-time visibility into balances, transactions, due dates, payoff quotes, and more, along with robust data analytics and instant alerts.
Designed to enhance the entire lending and financial management experience, Method allows users to initiate payments, perform loan payoffs, and execute balance transfers seamlessly. Organizations can embed liability payments, manage recurring bills, and adopt debt management tools through a secure, fully auditable dashboard. Its infrastructure accelerates onboarding, reduces compliance risk, and empowers financial institutions, lenders, and personal finance platforms to innovate rapidly.
Features
- Instant Account Connectivity: Link credit and liability accounts with multi-factor authentication without storing login credentials.
- Real-Time Data Access: Retrieve up-to-date balances, transactions, due dates, payoff quotes, and more directly from source systems.
- Comprehensive Coverage: Connect with over 15,000 financial institutions, covering all major and minor account types.
- Embedded Payments: Initiate payments, balance transfers, and loan payoffs seamlessly within partner applications.
- Instant Alerts: Receive real-time notifications for balance changes, account events, and 300+ other data points.
- Security & Compliance: No sensitive account information is collected, reducing security and privacy overhead.
- Customizable Dashboard: Manage integrations, onboard users, reconcile accounts, and access extensive reporting.
- No-Code API Access: Provides tools for easy implementation and onboarding without traditional coding requirements.
Use Cases
- Enabling seamless loan payoff and balance transfers within digital lending apps.
- Automating bill payments for recurring liabilities such as mortgages, auto loans, and credit cards.
- Powering instant account linking and financial insights for banking and personal finance platforms.
- Facilitating employer benefit platforms to provide debt management services to employees.
- Supporting credit unions and banks with same-day payment executions for member accounts.
FAQs
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What types of financial accounts can be connected using Method?
Method can connect a wide range of financial accounts, including student loans, credit cards, personal loans, auto loans, and mortgages across more than 15,000 financial institutions. -
How does Method ensure the security of sensitive information?
Method uses multi-factor authentication and does not require the collection of sensitive user credentials, ensuring robust data security and compliance with privacy standards. -
Can Method automate recurring bill payments?
Yes, Method enables businesses to manage payments on recurring bills, such as credit cards, student loans, and mortgages, with real-time payment settlement and instant confirmations.
Helpful for people in the following professions
Method Uptime Monitor
Average Uptime
100%
Average Response Time
142 ms
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