Open Banking &
Transaction Monitoring
Every enterprise and government institution connects their bank accounts through secure Open Banking APIs. All transactions are monitored in real-time — making corruption, fraud, and money laundering structurally impossible.
How It Works
A 4-step process from bank connection to live transparency dashboard. All data flows are encrypted, read-only, and auditable.
Connect Bank Account
Enterprise or institution connects via PSD2/Open Banking API. Read-only access — we never initiate transactions.
- • OAuth 2.0 consent flow
- • AIS (Account Information Service) only
- • No PIS (Payment Initiation) — view only
- • Consent renewal every 90 days (PSD2)
- • Supports 4,000+ EU banks via aggregators
Auto-Import Statements
Annual statements, monthly summaries, and individual transactions are pulled automatically on schedule.
- • Daily sync of new transactions
- • Annual statement auto-import (31 Jan deadline)
- • In/Out transaction sums calculated
- • Beneficiary names extracted & cross-referenced
- • Multi-currency support (EUR, GBP, USD, RON)
AI Analysis & Flagging
Gemini AI analyzes every transaction pattern, flags anomalies, and cross-references beneficiaries against sanctions lists.
- • Unusual transaction patterns detected
- • Beneficiary cross-check vs sanctions/PEP lists
- • Grant money tracked from source to spend
- • Shell company detection via graph analysis
- • Round-trip transaction identification
Public Transparency
Aggregated financial data published on the enterprise dashboard. Individual transactions visible to auditors and regulators.
- • Revenue/expense summaries — public
- • Beneficiary network graph — auditors only
- • Transaction-level detail — regulator access
- • Real-time scoring impact
- • Audit trail with SHA-256 hash chain
What Gets Monitored
Every financial touchpoint is tracked, scored, and publicly accountable.
Transaction Flows
Every incoming and outgoing transaction is categorized, summed, and compared against declared revenue and expenses.
Beneficiary Tracking
All payment recipients are identified, verified, and cross-referenced against anti-terrorism and sanctions databases.
Government Funds
Public funds, grants, and subsidies are tracked from disbursement to final expenditure — with live verification.
Annual Statements
Companies must upload or auto-sync their annual financial statements. AI cross-references with bank transaction data.
Supply Chain Payments
For procurement contracts, every payment to suppliers is tracked against the contract terms and deliverables.
Cross-Border Flows
International transactions are monitored for capital flight, tax evasion, and illicit financial flows.
Anti-Corruption in Action
Real scenarios where financial transparency prevents corruption before it happens.
Grant Fraud Prevention
A company receives €2M EU development grant for rural broadband. Instead of infrastructure, the CEO transfers €1.5M to a personal holding company.
Open Banking tracks every euro from grant disbursement to final spend. The moment the transfer goes to an unrelated beneficiary, the system flags it, reduces the company's score, and alerts the grant authority.
Fake Company Detection
A shell company is registered with no employees, no office, and no real business activity — but receives government contracts worth €500K.
Bank transaction analysis shows zero payroll, zero operational expenses, and 100% outflows to a single beneficiary. Combined with QuantumQub reputation monitoring and Companies House data, the entity is flagged as likely fraudulent.
Public Procurement Kickbacks
A city council awards a €3M construction contract. The contractor pays €300K 'consulting fee' to a company owned by the council member's spouse.
Beneficiary graph analysis connects the consulting company to the council member. The transaction is flagged, the contractor's score drops, and the conflict of interest is publicly visible.
Anti-Terrorism Financing
A registered charity receives donations and routes funds through multiple intermediaries to sanctioned entities.
Every beneficiary in the transaction chain is screened against EU/UN/OFAC sanctions lists. Multi-hop analysis identifies indirect funding routes that direct screening would miss.
Scoring Impact
Financial transparency directly affects the enterprise score. Higher transparency = higher score = more trust.
✅ Score Boosters
❌ Score Penalties
Technical Standards
Built on proven European financial regulations and open standards.
PSD2 / PSD3
EU Payment Services Directive. Account Information Services (AIS) for read-only bank access. Consumer consent required.
Read Regulation →AMLD 6
6th Anti-Money Laundering Directive. KYC/KYB requirements, beneficial ownership transparency, sanctions screening.
Read Regulation →eIDAS 2.0
EU Digital Identity regulation. Verified identity for all account holders. No anonymous beneficial ownership.
Read Regulation →ISO 20022
Universal financial messaging standard. Structured transaction data with rich beneficiary information and purpose codes.
Read Regulation →Government View-Only Access
Government institutions can share their accounts as read-only through Open Banking — proving that public funds are distributed to the right beneficiaries and no corruption exists.
This is a two-way transparency system: companies prove their financial integrity, and governments prove their distribution integrity. Both are scored publicly.
Fund Flow Verification
Ready to Connect?
Register your enterprise, connect your bank account, and join the transparency revolution.